Cost recovery implementation statement 2024-25
Each year, we publish a Cost Recovery Implementation Statement (CRIS). This CRIS provides information on how we implement the industry funding model and recover:
- the costs of our regulatory activities for each industry subsector in 2024–25, and
- our user-initiated and transaction-based regulatory costs via fees for service in 2024-25.
The CRIS contains our estimated costs and levies for each industry subsector in 2024-25 to help entities plan and budget for the levies and fees to be charged. The figures in the CRIS are estimates only. Levy notices will be issued between January and March 2026 after actual levies have been calculated.
To address recommendations outlined in the Australian Government’s review of the ASIC industry funding model, ASIC and Treasury will establish a five-yearly consultation process with industry to examine the policy settings of the industry funding model (IFM). This will replace the annual consultation CRIS that ASIC previously released before the final CRIS.
Navigate to
- How ASIC's industry funding model works
- Summary of ASIC's estimated costs and levies for sectors and subsectors (PDF 414 KB)
- Detailed information about estimated 2024-25 costs and levies for each subsector:
- Corporate sector (PDF 415 MB)
- Deposit taking and credit sector (PDF 461 MB)
- Investment management, superannuation and related services sector (PDF 1.2 MB)
- Market infrastructure and intermediaries sector (PDF 516 KB)
- Financial advice sector (PDF 433 KB)
- Insurance sector (PDF 417 KB)
- Summary of recoverable cost variances (PDF 418 KB)
- ASIC’s fees for service
- Schedule 1: ASIC fees under the Corporations (Fees) Act 2001 and Corporations (Fees) Regulations 2001
- Schedule 1: Fees for chargeable matters, Part 1: Specified fees under the National Consumer Credit Protection Act 2009
- Table 1: ASIC fees under the Superannuation Auditor Registration Imposition Regulation 2022
- Background information about industry funding
- About ASIC
- Key terms
Key events and estimated dates
Key event | Estimated date |
---|---|
CRIS certified by ASIC Chair | May 2025 |
CRIS approved by the Assistant Treasurer | June 2025 |
Publish CRIS | July 2025 |
ASIC portal opens for annual returns | July to September 2025 |
Finalise regulatory costs | November 2025 |
Make legislative instrument with business activity details | December 2025 |
Publish summary of actual levies, annual dashboard report and summary of variances between estimated and actual costs | December 2025 |
Issue levy notices | January - March 2026 |
Levy notices due for payment | April 2026 |
Next substantive consultation on ASIC’s IFM | 2028 |
Portfolio charging review | 2028 |