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Government Cuts HELP Debt by 20%: What You Need to Know

8/9/2025

Government Cuts HELP Debt by 20%: What You Need to Know

The Australian Government has announced a one‑off 20% reduction to outstanding HELP and other student loan balances as of 1 June 2025. The ATO will apply the change automatically, with no action required from borrowers.

Government Cuts HELP Debt by 20%: What You Need to Know
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