On 2 November 2024, the Australian Government announced it will 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 announced a change to reduce a further 20 per cent off student loans debts including VET Student Loans.
For further information, please go to the Department of Education website.
These changes to VET Student Loans are subject to the passage of legislation.