Universities Accord (Student Support and Other Measures) Act 2024 (108 of 2024)
Schedule 1 HELP indexation
Part 1 Main amendments relating to HELP indexation
Higher Education Support Act 2003
12 Subclause 2(1) of Schedule 1
Repeal the subclause, substitute:
(1) The CPI index number for a *quarter is the All Groups Consumer Price Index number, being the weighted average of the 8 capital cities, published by the *Australian Statistician in respect of that quarter.
(1A) The WPI index number for a *quarter is the Wage Price Index (quarterly index/total hourly rates of pay excluding bonuses/Australia/private and public/all industries) number published by the Australian Statistician in respect of that quarter.
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