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#### 3 Schedules Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms. Schedule 1—Minimum repayment income for HELP debts Higher Education Support Act 2003 1 Paragraph 154‑10(a) Repeal the paragraph, substitute: (a) for the 2018‑19 income year—$51,956; or 2 Section 154‑20 (table) Repeal the table, substitute: ```html <table cellspacing="0" cellpadding="0" style="width:352.1pt; margin-left:10.8pt; border-collapse:collapse"><thead><tr><td colspan="3" style="width:341.3pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Applicable percentages</td></tr><tr><td style="width:22.3pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">Item</td><td style="width:231.2pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">If the person’s repayment income is:</td><td style="width:66.2pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top">The percentage applicable is:</td></tr></thead><tbody><tr><td style="width:22.4pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">1</td><td style="width:231.3pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the *minimum repayment income, but less than:(a) for the 2018‑19 *income year—$57,730; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">2%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">2</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 1, but less than:(a) for the 2018‑19 *income year—$64,307; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">4%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">3</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 2, but less than:(a) for the 2018‑19 *income year—$70,882; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">4.5%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">4</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 3, but less than:(a) for the 2018‑19 *income year—$74,608; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">5%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">5</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 4, but less than:(a) for the 2018‑19 *income year—$80,198; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">5.5%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">6</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 5, but less than:(a) for the 2018‑19 *income year—$86,856; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">6%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">7</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 6, but less than:(a) for the 2018‑19 *income year—$91,426; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">6.5%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">8</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 7, but less than:(a) for the 2018‑19 *income year—$100,614; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">7%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">9</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 8, but less than:(a) for the 2018‑19 *income year—$107,214; or(b) for a later income year—that amount indexed under section 154‑25.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">7.5%</td></tr><tr><td style="width:22.4pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">10</td><td style="width:231.3pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">More than the amount under item 9.</td><td style="width:66.3pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top">8%</td></tr></tbody></table> ``` 3 Subsection 154‑25(1) Repeal the subsection, substitute: (1) The following amounts for the 2019‑20 \*income year, or a later income year: (a) the \*minimum repayment income; (b) the amounts referred to in paragraph (a) of the second column of items 1 to 9 of the table in section 154‑20; are indexed by multiplying the corresponding amounts for the 2018‑19 income year by the amount worked out using the formula: ![](image.002.png) 4 Section 154‑30 Omit “2006‑07”, substitute “2019‑20”. 5 Paragraph 154‑30(b) Omit “items 1 to 8”, substitute “items 1 to 9”. 6 Application of amendments The amendments made by this Schedule apply in relation to income years commencing on and after the day this Schedule commences. Schedule 2—Indexation of higher education support amounts Higher Education Support Act 2003 1 Subsection 198‑10(1) Repeal the subsection, substitute: (1) An amount is indexed on 1 January each year, by multiplying it by the \*indexation factor for the year. 2 Subsection 198‑15(1) (formula) Repeal the formula, substitute: ![](image.003.png) where: > December base quarter means the \*quarter ending on the 31 December that is 2 years and a day before the relevant 1 January. > December reference quarter means the \*quarter ending on the 31 December that is a year and a day before the relevant 1 January. 3 Section 198‑20 Repeal the section, substitute: