
02/06/2025
The Compensation Scheme of Last Resort (CSLR) will not fully utilise the $24.1m levy raised for the 2025 financial year, as slower claim processing moves payments into future years.
Although the volume of claims originally forecast in December 2023 is still expected to materialise, delays in cases reaching the CSLR mean a significant portion will be processed in FY26. The revised timeline has prompted the scheme to project an underspend for the current year.
https://riskinfo.com.au/news/2025/05/27/cslr-underspend-due-to-lower-claims/