AU Payroll legislation changes effective 24 Sep 2025 in regards to STSL — Cloud Customer Connect
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AU Payroll legislation changes effective 24 Sep 2025 in regards to STSL

in E-Business Suite 1 comment

Hi,

Could someone please provide info on the upcoming legislative change in regards to Student Loan (STSL)

When can we expect a patch for Oracle EBS ?

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Important update – 11 August 2025

Description

On 2 August 2025, the Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025 became law. This Bill changes the way study and training support loan compulsory repayments are calculated and increases the threshold at which a compulsory repayment is required for the 2025-26 year. This will have the effect for most individuals with a study and training support loan of reducing their compulsory repayment amount.

Schedule 8 – Statement of formulas for calculating study and training support loans components

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