Legislation designed to remove the HECS / HELP up front and voluntary repayment discounts from 1st January 2014 has not been passed by the Senate. As a result, the discount will continue for the time being.
Medical Financial believe the continuation of a 5% discount on voluntary HECS / HELP repayments of $500 or more is good news for doctors looking to repay HECS / HELP liabilities early.
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The information on this site is of a general nature. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions.
The financial planning services are provided by Medical Financial Pty Ltd trading as Medical Financial Planning (AFSL 506557)