Disclosure Statement Generator for Australia

A Disclosure Statement tells you important facts about a financial product, service, or business arrangement before you commit to it. In Australia, these documents play a vital role in consumer protection, especially for financial services, property investments, and business transactions.

Under Australian law, companies must provide clear, accurate Disclosure Statements that outline key risks, costs, benefits, and terms. For example, your super fund sends you a Product Disclosure Statement explaining fees and investment options, while financial advisers give statements showing their licenses, fees, and any conflicts of interest. Getting these details upfront helps you make informed decisions and protects your legal rights.

Use a Disclosure Statement any time you're providing financial products or services to Australian consumers. This includes launching investment products, offering financial advice, selling insurance policies, or promoting superannuation funds. It's especially crucial when dealing with complex products where people need clear information to make informed decisions.

Australian law requires Disclosure Statements for many business activities, from property development to franchise sales. Prepare one before marketing new financial products, changing fund features, or starting advisor-client relationships. Getting this documentation right from the start helps avoid regulatory issues and builds trust with customers who rely on accurate, complete information about their investments.

• Financial Services Disclosure Statements: Required for investment products, superannuation funds, and financial advice services - outlines fees, risks, and benefits
• Property Development Disclosure Statements: Details project specifications, risks, and buyer rights for off-the-plan purchases
• Franchise Disclosure Statements: Provides comprehensive business information, financial projections, and operational requirements to potential franchisees
• Credit Product Disclosure Statements: Explains loan terms, interest rates, and borrower obligations for banking products
• Insurance Product Disclosure Statements: Covers policy coverage, exclusions, premiums, and claims processes

• Financial Service Providers: Create and distribute Disclosure Statements for their products and services, including banks, super funds, and investment firms
• Legal Teams: Draft and review statements to ensure compliance with Australian regulations and protect their clients' interests
• Company Directors: Review and approve statements before release, taking responsibility for accuracy and completeness
• Compliance Officers: Monitor and update disclosures to meet changing regulatory requirements
• Consumers: Receive and rely on these statements to make informed decisions about financial products and investments

• Product Details: Compile complete information about fees, features, risks, and benefits of your financial product or service
• Legal Requirements: Check current ASIC guidelines and industry-specific regulations for mandatory disclosure elements
• Risk Assessment: Document all potential risks and limitations that consumers need to understand
• Clear Language: Write in plain English, avoiding technical jargon while maintaining accuracy
• Internal Review: Have key stakeholders verify information accuracy and compliance before finalizing the document
• Documentation: Keep records of sources, calculations, and assumptions used in preparing disclosures

• Product Information: Full description of the financial product or service, including its key features and benefits
• Risk Disclosure: Clear explanation of all significant risks and potential downsides
• Fee Structure: Detailed breakdown of all costs, charges, and commissions
• Provider Details: Company information, Australian Financial Services License number, and contact details
• Consumer Rights: Explanation of cooling-off periods, complaint procedures, and dispute resolution processes
• Declarations: Required statements about accuracy and compliance with Australian law
• Signature Block: Space for dated signatures from authorized representatives

A Disclosure Statement differs significantly from a Disclosure Agreement in several key ways. While both deal with sharing information, their purposes and legal implications are quite distinct in Australian business practice.

• Purpose and Timing: Disclosure Statements are informative documents that explain product features and risks upfront, while Disclosure Agreements set mutual obligations for handling specific information
• Legal Framework: Statements follow strict regulatory requirements under ASIC guidelines, whereas Agreements create contractual obligations between parties
• Content Structure: Statements provide detailed product information in a prescribed format, while Agreements outline terms, conditions, and consequences of information sharing
• Enforcement: Statements serve as regulatory compliance tools and consumer protection measures, while Agreements are legally binding contracts with specific remedies for breach