HECS/HELP debt threshold has changed. Compare how much you’ll pay this year to last year
Did you get an email from the Australian Tax Office (ATO) about your HECS-HELP debt repayment rate changing? The 2023-24 financial year threshold has been raised, which means some who made compulsory payments in 2022-23 won’t have to this year. Last financial year, people earning more than $48,361 had to make compulsory payments. But, as of…

