On 2 November 2024, the Australian Government proposed to change the repayment system and increase the amount people can earn before they are required to start repaying their student loan. On 3 November 2024, the Australian Government also proposed to reduce student loan debts by 20% in 2025.
For further information, on these proposed changes please go to the What's New page.
These changes to VET Student Loans are subject to the passage of legislation.