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June 14, 2009

Consumer Credit Code hardship threshold increased

The new threshold is $342,870 (up from $322,850). The next change will be on 7 July 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 14th June 2009 by David Jacobson in Legal