This joint submission has been drafted by Consumer Action Law Centre with contributions and endorsement from Financial Rights Legal Centre, CHOICE, Consumer Credit legal Service (WA) Inc, and Financial Counselling Australia and comments on Treasury’s Discussion Paper, Implementing Royal Commission Recommendation 7.1 – Establishing a Compensation Scheme of Last Resort (December 2019). It should be read in conjunction with the Joint Consumer Group submission to the Ramsay Review Supplementary Issues Paper.
