Little CSLR levy relief foreshadowed in Budget papers - Financial Newswire

Little CSLR levy relief foreshadowed in Budget papers - Financial Newswire

The funding arrangements for the Compensation Scheme of Last Resort (CSLR) remain subject to a Treasury post-implementation review, but the Budget papers make clear that financial advisers should expect little respite. The Portfolio Budget Statements for 2025-26 reveal budgeted income from the CSLR levy jumping from $24.277 million in 2024-25 to $27.860 million and then remaining at that level across to the forward estimates out to 2028-29. ASIC…