Tag: student debt relief
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Government Eases Home Loan Rules for HELP Debt-Holders
Australian banks have been directed to disregard student debts when evaluating home loan applications, a move aimed at assisting first-time borrowers burdened by HELP/HECS debts. Treasurer Jim Chalmers announced a series of regulatory changes to facilitate easier access to mortgages, particularly for university and TAFE graduates navigating the challenging property market landscape. Smash Your Home…
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Government Eases Home Loan Rules for Australians with Student Debts
Australians burdened with student loan debts can now breathe a sigh of relief as the government introduces a series of regulatory changes aimed at facilitating home loan applications. Treasurer Jim Chalmers, along with Housing Minister Clare O’Neil, Education Minister Jason Clare, and Assistant Treasurer Stephen Jones, have unveiled these modifications to aid individuals with Higher…