The industry contribution is a levy on AUSTRAC’s reporting entities to recover the costs of AUSTRAC's regulatory and financial intelligence functions.
The industry contribution arrangements apply from the 2014–15 financial year onwards.
2018-19 industry contribution stakeholder consultation paper
The consultation paper outlines the proposed charging model for determining component amounts of the 2018-19 industry contribution levy. AUSTRAC invites stakeholder feedback on the paper, which is open for consultation until Friday 22 June 2018.
Fact sheets and forms
Calculating earnings fact sheet
Reporting entities must report the total earnings for themselves and any related leviable entities. AUSTRAC uses this information to help it determine which entities are liable to pay the industry contribution and the amount they are required to pay.
The following fact sheet assists entities in determining the correct method for calculating the earnings figure for their business.
Levy dispute form
The levy dispute form is to be completed by a reporting entity that wishes to lodge a dispute regarding all or part of the amount of the industry contribution and/or late payment penalty levied by AUSTRAC:
For further information regarding the industry contribution please visit the following pages:
or you can contact the AUSTRAC Contact Centre at:
- Email: email@example.com
- Phone: 1300 021 037