Why your HECS went up, again

June 1, 2026

The HECS debts of around three million Australians went up by 2.8% this week. The system has undergone plenty of change in recent years, but one question remains the same: Why do debts rise on 1 June, and is the system doing what it's supposed to? Today we're going to explain what just happened, what it means given the changes the government has already made, and why the timing of this annual increase is still being debated.

Hosts: Emma Gillespie and Billi FitzSimonsProducer: Orla Maher

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Why your HECS went up, again