Addition Accounting

Good news! If you have a study loan, changes to compulsory repayments mean:

👉 you’ll only start paying back your loan if your repayment income is over $67,000, up from $54,435.

👉 you’ll only make repayments on your income above $67,000, not your entire income.

So, if your repayment income is:
💰 $67k or under = no compulsory repayment required
💰 over $67k = you’ll repay a lower amount
💰 over $179,285 = no change to your repayment amount.

No or lower repayments = less tax withheld = more $ in your pocket.
Just make sure your employer knows about your study loan.

Pay tax in instalments? These won’t change until July 2026, but you can vary yours anytime. Chat to a registered tax agent for advice.