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January 17, 2010

Consumer credit hardship threshold reduced

The new threshold is $354,530 (down from $364,100). The next change will be on 10 February 2010.

Further information is available at Hardship Threshold.

From 1 July 2010 (when the National Credit Law starts) the threshold will be fixed at $500,000.

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Posted 17th January 2010 by David Jacobson in Legal

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