HECS-HELP Threshold Lowered
The compulsory HECS-HELP repayment threshold has been reduced by the Government from $55,874 down to $51,957, as of the 2018-19FY. This means that you will have to start contributing to your HECS-HELP Debt earlier. Be sure to inform your employer of your education costs, to allow for the correct tax to be withheld.