NEET
05/04/2024 (Sat) 22:05
No.849795
del
>>849793It's not. There should be a discount for voluntary repayments above the set repayment amounts so people pay it off faster.
Before last year the rate from my history on the ATO never went above 3% from what I recall (could be wrong but that was the highest amount). Years before it was below 2%.
The 7% indexation was the highest I have seen it. I ironically made a voluntary payment this morning ($10k) and will continue making those payment amounts to get it down further.