On 1 July 2025, the compulsory repayment threshold for your loan increased to $67,000.
From next tax time, you only have to make a compulsory repayment to your loan debt if your repayment income is more than this amount. The threshold applies to all new loans after 1 July as well.
The rate you pay will be based on your income.
You don’t need to do anything. If your employer knows about your loan, they will adjust the amount taken out of your pay, so you are paying the right amount.
You can read more about the changes on the Australian Taxation Office website.