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Do you have a HELP loan? This announcement is for you!
There is a new law to recover HELP debts from Australians who are overseas – this includes both new and old HELP debts. The change means that from 1 July 2017 if you are overseas for six months or more (including if you are travelling, studying or working), you will have the same HELP repayment obligations as people living in Australia.
For more information, visit the ATO’s webpage Overseas repayments.