Finally the media interviews a university graduate who understands real interest rates

https://au.finance.yahoo.com/news/gen-z-worker-defends-stupid-45000-hecs-move-didnt-want-to-tell-my-parents-190039639.html

> Indexation of loans will now be capped to the lower of either the consumer price index or wage price index

What does the graduate say?

> "With the indexation, it is really deflating"

Yes! In real terms it is!!

> ... because it just feels like it’s not really budging.

Oh. You mean like that.