Big proposed changes to the HELP repayment system – a higher first income threshold & a marginal rate of repayment – Andrew Norton

Today the government announced big changes to the HELP repayment system. Its proposal involves several interconnected conceptual and practical considerations. The first issue is where to set the first repayment threshold – how much should a HELP debtor earn before they start repaying? The government proposal is for a higher first threshold. The second issue…