The recent changes to CBA’s HECS-HELP debt serviceability are for a niche type of borrower. However, the benefits have proven substantial.
A recent breakdown of Commonwealth Bank of Australia’s (CBA) HECS-HELP debt serviceability changes has detailed its value for consumers.
The changes, implemented from 9 April 2025, saw borrowers with HECS debt due to be repaid within the next five years get access to a 1 per cent serviceability buffer.
Customers due to pay off debts within 12 months do not have HECS debt considered in loan applications.
While this offering is beneficial to a small number of borrowers, a recent study found it grants borrowers 21.19 per cent more borrowing power.
For an eligible single…
