Consultation period: 1 August to 29 August 2025
The Assistant Treasurer and Minister for Financial Services has asked Treasury to consult on the statutory options available to deal with the Compensation Scheme of Last Resort (CSLR) 2025–26 revised claims, fees and costs estimate.
The CSLR Operator published the revised estimate for the the current levy period (2025–26). The financial advice sub-sector estimate is larger than the $20 million levy cap. This triggers options under the CSLR’s governing legislation.
Your feedback will also inform the CSLR post-implementation review.
Key documents
- Consultation paper [Consultation paper PDF 600 kB | Consultation paper DOCX 682 kB]
Responding
You can submit responses to this consultation up until 29 August 2025. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
Response methods
Online (preferred method)
Post
Director
Programs and Redress Unit
Treasury
Langton Cres
Parkes ACT 2600