You make student loan repayments when you earn more than the repayment threshold

The amount you have to pay to your student loan each year is 12% of every dollar you earn over the repayment threshold.

For the 2026 tax year the annual repayment threshold is $24,128.

The repayment threshold is broken down into the following pay period thresholds.

$464 if you're paid weekly.

$928 if you're paid fortnightly.

$1,856 if you're paid every 4 weeks.

$2,010.66 if you're paid monthly.