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student-loan-repayment on New Zealand Taxation

Student Loan Repayment Threshold Unchanged

Categories: New Zealand Taxation

On December 16th, Peter Dunner, New Zealand Minister of Revenue, announced that the student loan repayment threshold for 2010-11 will remain unchanged. The threshold at which student loan holders are required to begin making repayments will remain at $19,084 for the 2010-11 year. The threshold is subject to an annual review, and typically is adjusted [...]

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On December 16th, Peter Dunner, New Zealand Minister of Revenue, announced that the student loan repayment threshold for 2010-11 will remain unchanged. The threshold at which student loan holders are required to begin making repayments will remain at $19,084 for the 2010-11 year. The threshold is subject to an annual review, and typically is adjusted according in correspondence to the September consumer price index. The threshold is expected to be reviewed again for the 2011-2012 year. Commenting on the decision, Peter Dunne said ... Read More

New Student Loan Bill Introduced

Categories: New Zealand Finance, New Zealand Taxation

Numerous changes to the Student Loan system have been introduced in front of Parliament in a new Bill. The Student Loan Scheme (Exemptions and Miscellaneous Provisions) Amendment Bill was tabled in Parliament on the 4th of August. Revenue Minister Peter Dunne emphasized the need for an efficient and consistent student loan system, as the current [...]

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Numerous changes to the Student Loan system have been introduced in front of Parliament in a new Bill. The Student Loan Scheme (Exemptions and Miscellaneous Provisions) Amendment Bill was tabled in Parliament on the 4th of August. Revenue Minister Peter Dunne emphasized the need for an efficient and consistent student loan system, as the current student loan amount has reached $9.6 billion, and currently has over half a million borrowers. Changes introduced into the system include the allowance of residence of Niue, the Cook ... Read More

Student Loan Feedback Sought

Categories: New Zealand Finance, New Zealand Taxation

The Government is seeking feedback from student loan holders in regards to changes to the Student Loans system. In an effort to increase the ease with which student loan borrowers can access information in regards to their loans, and subsequently improve payment, the Government has proposed a number of changes to the Student Loan system. [...]

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The Government is seeking feedback from student loan holders in regards to changes to the Student Loans system. In an effort to increase the ease with which student loan borrowers can access information in regards to their loans, and subsequently improve payment, the Government has proposed a number of changes to the Student Loan system. The proposed changes are outlined in a discussion document published by the government. The comments are to be submitted via an online forum, and unlike typical submissions ... Read More

Student Loan Repayment Bonuses Introduced

Categories: New Zealand Finance

A bill has been introduced into parliament, the Student Loan Scheme (Repayment Bonus) Amendment Bill, which will see a ten percent bonus to student loan repayments that surpass a certain threshold. The new bill will see a 10% bonus to student loan repayments that are made voluntarily and amount to over $500 per year. These [...]

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A bill has been introduced into parliament, the Student Loan Scheme (Repayment Bonus) Amendment Bill, which will see a ten percent bonus to student loan repayments that surpass a certain threshold. The new bill will see a 10% bonus to student loan repayments that are made voluntarily and amount to over $500 per year. These changes also come into effect for those that are based over-seas. The Bill is scheduled to be enacted by the end of 2009, although provisions have been made ... Read More