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Debt Agreement Thresholds
Learn more about Debt Agreement Thresholds
The Debt Agreement thresholds are indexed in accordance with the Consumer Price Index (CPI).
The Debt Agreement thresholds are currently:
Unsecured creditors or < $114,478.00
Assets or < $114,478.00;
Income < $85,858.50 (after tax) or approximately < $120,304 (before tax for Australian residents)
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If you exceed these limits you will be ineligible for a Debt Agreement and will need to consider a Personal Insolvency Agreement.
The statutory thesholds are maintained by AFSA.
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Australian External Dispute Resolution Scheme:
Financial Ombudsman Service Limited
GPO Box 3
Melbourne VIC 3001
Phone: 1800 931 678 (free call)