Insolvency Reforms to Support Small Business
Submission to: Treasury
Related Projects
Compensation Scheme of Last Resort
Submission to: Treasury
Joint consumer group submission (led by CHOICE). The submission argues that an effective Compensation Scheme of Last Resort should have broad coverage so that it includes any financial service or product that comes within the jurisdiction of the Australian Financial Complaints Authority. It is particularly important that the CSLR cover funeral expense policies managed investment schemes and debt management firms. The compensation cap for the CSLR should be the same as that for AFCA.
Joint consumer group submission (led by CHOICE). The submission argues that an effective Compensation Scheme of Last Resort should have broad coverage so that it includes any financial service or product that comes within the jurisdiction of the Australian Financial Complaints Authority. It is particularly important that the CSLR cover funeral expense policies managed investment schemes and debt management firms. The compensation cap for the CSLR should be the same as that for AFCA.
Submission – Independent Review of the Australian Small Business and Family Enterprise Ombudsman (ASBFEO)
FCA has provided a submission to Treasury for the Independent Review of the Australian Small Business and Family Enterprise Ombudsman (ASBFEO). The submission includes insights from the Small Business Debt Helpline, which interacts with ASBFEO.