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May 20, 2009

Consumer Credit Code hardship threshold increased

The new threshold is $322,850 (up from $320,320). The next change will be on 10 June 2009.

Further information is available at Hardship Threshold.

From 1 January 2010 the threshold will be fixed at $500,000.

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Posted 20th May 2009 by David Jacobson in Legal