Mulino looking at excess CSLR levy options | Australian Markets

Daniel Mulino Daniel Mulino

Mulino looking at excess CSLR levy options | Australian Markets


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The Assistant Treasurer and Minister for Financial Services, Daniel Mulino, has opened a session round how to fund the excess financial advice sub-sector levy for the Compensation Scheme of Last Resort.

Announcing session, Mulino famous that the excess quantity notified by the CSLR had opened options for him to raise a particular levy to pay the excess prices, however the session additionally canvasses different options.

“I have asked Treasury to consult on all statutory options available to deal with this matter. The paper seeks feedback on a broad range of options to inform my decision,” he mentioned.

The session period closes on 29 August.

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