2025.02 release notes - AU
The 2025.02 release updates MYOB Exo Employer Services to comply with the ATO’s changes to compulsory student loan repayment thresholds.
The new repayment thresholds affect all pays (standard/regular/normal & manual/adhoc/one-offs) processed with a payment date on or after 24 September 2025. So you need to upgrade to version 2025.02 before 24 September 2025.
Student loan changes
The following changes to compulsory repayments are now law and take effect from 1 July 2025:
The minimum repayment income needed to make a compulsory repayment has increased to $67,000 (from $54,435 in 2024–25).
Compulsory repayments have moved to a marginal repayment system and are only calculated on the income above $67,000 (instead of the total repayment income).
Rates for the 2025–26 income year will be
15 cents for every dollar of your repayment income that exceeds $67,000 up to $125,000
$8,700 plus 17 cents for every dollar of your repayment income that exceeds $125,000 up to $179,285
10% of your total repayment income if it is $179,286 or more.
If your repayment income is $179,286 or more, your compulsory repayment will continue to be 10% of your total repayment income. This is to ensure you are not worse off because of the shift to marginal rates.
These rates and thresholds (other than $179,286) will be indexed each year in line with average weekly earnings.
For more information, see Study and training loans – what's new | Australian Taxation Office.
Installing this release
Pre-install requirements
Requirements for PCs running Exo Employer Services components are detailed on the Minimum System Requirements page.
Installing Exo Employer Services
Check the release
To make sure this release installed successfully, check that the versions displayed on the About window (Help menu > About) match the versions listed here:
MYOB Exo Employer Services – 2025.02
MYOB Exo Payroll – 2025.02
MYOB Exo Employee Information – 2025.02
MYOB Exo Time and Attendance – 2025.02
Runtime Files – 09.00.0000.7423