The amount you repay each year is a percentage of your income. The percentage increases as your income increases, so the more you earn, the higher your repayment will be. The ATO will calculate your compulsory repayment for the year and include it on your income tax notice of assessment.


2016-2017 Repayment thresholdRepayment % rate
2016-2017 repayment rates
Below $54,869Nil
$54,869 - $61,1194.0%
$61,120 - $67,3684.5%
$67,369 - $70,9095.0%
$70,910 - $76,2225.5%
$76,223 - $82,5506.0%
$82,551 - $86,8946.5%
$86,895 - $95,6267.0%
$95,627 - $101,8997.5%
$101,900 and above8.0%


Reference: http://studyassist.gov.au/sites/studyassist/payingbackmyloan/loan-repayment/pages/loan-repayment