AFIA submission to CLSR reform options consultation paper

Written By Bianca Blades

22 May 2026, AFIA has lodged a submission to Treasury’s consultation on the Compensation Scheme of Last Resort, focused on the need to address the scheme’s underlying cost drivers and restore sustainability. The submission outlines practical reforms to improve targeting, reduce ongoing levy pressure and ensure the scheme operates as a genuine last resort, while maintaining confidence in the broader financial system.

 View the submission here.

Bianca Blades
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