The Compensation Scheme of Last Resort (CSLR) exists to help victims of financial misconduct who would otherwise have struggled to receive any compensation.  

We provide an important back-stop that ensures that people who have been the victims of misconduct and lost out through no fault of their own can be compensated when the financial firm is unable to pay.

Thousands of Australians who lose large sums of money - often entire life savings – will now have access to a scheme that can provide up to $150,000 compensation.

The CSLR operates as a fully independent body and is an industry-funded scheme enacted through legislation. It provides compensation to eligible people whilst also promoting stronger standards and transparency within the financial system. 

For more information, visit: www.cslr.org.au

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This page is moderated from 9am-5pm Monday to Friday, during which time we endeavour to respond to all genuine enquiries as quickly as possible. You can also reach us through the contact from on our website. 

If you are in need of immediate support, the National Debt Helpline offers free, independent and confidential assistance for people in financial hardship. You can visit their website www.ndh.org.au or call them on 1800 007 007.

If you are feeling distressed:
Visit Beyond Blue’s website www.beyondblue.org.au or contact them on 1300 22 4636
Lifeline is available via this website www.lifeline.org.au or on 13 11 14

Never share your personal information publicly on social media. We will never request credit card details or sensitive personal information via social media. Should you feel worried about scams or otherwise, contact us directly via the contact form on the website.

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Compensation Scheme of Last Resort

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