Home Finance The Compensation Scheme of Last Resort (CSLR) is slowly eating itself and needs reform
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The Compensation Scheme of Last Resort (CSLR) is slowly eating itself and needs reform

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In policy, as in life, two things can be true at once. For example, Australia building a safety net for victims of financial misconduct and at the same time creating an institution that rewards failure instead of responsible behaviour.

That’s what we now have with the Compensation Scheme of Last Resort (CSLR).

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