Services Australia has revealed a number of major changes to Centrelink loan repayment methods since December.
Accordingly, steps have been taken to limit the acceptance of foreign currency checks and money orders for loan repayment from December 19.
According to the Australian Pension News report published annually by Services Australia, it is stated that by the end of this year, it is planned to make loan payments according to a digital system.
Accordingly, when going to repay a Centrelink loan, it will have to be paid digitally in the future.
At present, Services Australia has informed that there will be no change in the method of payment to Centrelink holders and that payments will be made in the same way as before.
The government confirmed in December last year that check payments would also be phased out, and under the proposed plan, the issuance of commercial and government checks would also stop from 2026.
