Glossary beginning with H

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Higher education contribution scheme (HECS) search for term

A system that supplemented funding of the Australian education system. It was incorporated with other loans into the Higher education loan program (HELP) on 1 January 2005.

Higher education loan program (HELP) search for term

The Australian Government contributes towards the education of eligible students by funding government-supported places at universities. Eligible students may be able to study now and pay later by using a HELP loan to pay their student contribution.

  • Fact 5

    In 1917, during World War I, the price of admission into a place of entertainment was taxed. Auditors attended race meetings, theatre and picture shows to ensure the tax was being paid. This tax was also imposed from 1942 to 1953.

Age pension

A social security payment made by the Australian Government to Australian citizens who are over the qualifying age and meet the means tests.

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