Ferdi Magellan · @FerdiMagellan
187 followers · 3876 posts · Server aus.social

The ATO is charging interest on HECS that has already been repaid! 😨
When interest rates were 1% it was barely noticeable. But now, it's hundreds of dollars that students are being scammed.

HECS indexation increasing unaffordable student debt

“In 2020 and previous years, indexation was sitting around 1.8%- 2% and then a jump to 3.9% in 2022 and in 2023 a whopping 7.1%…

“Your HECS debt is indexed on 1 June every year before the end of the financial year. Really, it should be indexed after the start of the new financial year on 1 July.

“The problem with the indexation system is that the ATO hasn’t calculated the repayments your employer has made throughout the year, hence they are applying indexation to your debt amount from the start of the financial year.

“This means that a larger dollar amount will be indexed causing you to end up with more debt added on.

“The ATO should be including the payments you have already made to reduce the debt for that financial year.”

👇🏽

independentaustralia.net/life/

#auspol #highered #hecs #scam #ato #australiantaxoffice #independentaustralia #ia #independentmedia #rowanbosman

Last updated 1 year ago

The .net publication is so independent it goes through US servers. Lol

Truthfully we had them on a higher pedestal than most , but lost respect for them when we saw they allowed themselves to be .

#independentaustralia #LiteSpeed #PUBLICATIONS #mitmd #MITMAttack #cdn #masssurveillance

Last updated 2 years ago

Independent News/Media #Auspol · @IMA
154 followers · 515 posts · Server fairdinkum.one

The mainstream media is failing in its duty to hold the Coalition to account as it continues falsified scare campaigns against Labor, writes Fielding. Via
independentaustralia.net/busin

#drvictoriafielding #independentaustralia #auspol

Last updated 2 years ago

Independent News/Media #Auspol · @IMA
154 followers · 514 posts · Server fairdinkum.one

Mainstream media is censoring a major NSW election issue as industrial logging of NSW native forests continues to gather dust in political closets.
Via
independentaustralia.net/polit

#auspol #independentaustralia

Last updated 2 years ago

Aussie News :firstnations: · @aussienews
79 followers · 2531 posts · Server tictoc.social
Aussie News :firstnations: · @aussienews
78 followers · 2451 posts · Server tictoc.social
Aussie News :firstnations: · @aussienews
75 followers · 2419 posts · Server tictoc.social
Independent News/Media #Auspol · @IMA
148 followers · 479 posts · Server fairdinkum.one

To show true compassion and respect to Australia's First Nations peoples, Australia Day should be done away with entirely, writes .
Via
independentaustralia.net/austr

#megankrakouer #independentaustralia #auspol #invasionday

Last updated 2 years ago

Aussie News :firstnations: · @aussienews
70 followers · 2292 posts · Server tictoc.social
Aussie News :firstnations: · @aussienews
70 followers · 2133 posts · Server tictoc.social
Independent News/Media #Auspol · @IMA
141 followers · 459 posts · Server fairdinkum.one

Despite grim assessments by environmental scientists, the NSW Government continues to turn its back on the environmental devastation sweeping the state, writes Sue Arnold.
Via
independentaustralia.net/polit

#independentaustralia #australia #deforestation

Last updated 2 years ago

Aussie News :firstnations: · @aussienews
70 followers · 2000 posts · Server tictoc.social
Independent News/Media #Auspol · @IMA
136 followers · 445 posts · Server fairdinkum.one

A court decision last week green lights bold defamation action against the English-speaking world’s most powerful media empire, as Alan Austin reports.
Via
independentaustralia.net/polit

#auspol #independentaustralia

Last updated 2 years ago

Aussie News :firstnations: · @aussienews
70 followers · 1921 posts · Server tictoc.social
Aussie News :firstnations: · @aussienews
70 followers · 1890 posts · Server tictoc.social
Aussie News :firstnations: · @aussienews
71 followers · 1861 posts · Server tictoc.social
Aussie News :firstnations: · @aussienews
70 followers · 1793 posts · Server tictoc.social
Aussie News :firstnations: · @aussienews
69 followers · 1768 posts · Server tictoc.social