University graduates to save $680 a year, on average, as Albanese announces increase to Hecs threshold

PM to announce change that would see minimum debt repayment threshold lifted from $54,000 to $67,000 from next financial year

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Graduates will be able to earn more money before they start repaying their university debts under new laws to be introduced by the Albanese government next year.

The prime minister will announce the cost-of-living measure alongside the South Australian premier, Peter Malinauskas, at a campaign rally in Adelaide on Sunday.

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