Government to repay more than $700 million in wrongly issued 'robodebts'
The Federal Government will refund welfare recipients more than $700 million raised by its so-called "robodebt" system that issued almost half a million debt notices.
Services Australia said it had identified 470,000 debts raised "wholly or partially" from income averaging data and will start repaying these debts in July.
The total value of refunds – including fees and charges incurred – is estimated to be $721 million.
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More to come.
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