The Australian Prudential Regulation Authority has finalised targeted changes to how authorised deposit-taking institutions treat Higher Education Loan Program debt repayments when assessing home loan applications, publishing a response letter alongside a final revised reporting standard and a final revised prudential practice guide.
Australian Prudential Regulation Authority 2025-06-19
Australian Prudential Regulation Authority finalises changes clarifying how ADIs treat HELP debt repayments in home loan assessments
The Australian Prudential Regulation Authority has finalized changes to the treatment of Higher Education Loan Program debt repayments by authorized deposit-taking institutions in home loan assessments, releasing a response letter, revised reporting standard, and prudential practice guide.