The collared carpetshark (Parascyllium collare) is a poorly understood species of carpetshark of the family Parascylliidae endemic to the waters of eastern Australia between latitudes 26°S and 38°S.
It is typically found 55–128 m (180–420 ft) in depth near the floor of rocky reefs on the continental shelf, though its depth range can extend between 20 and 230 m (66 and 755 ft).
At a maximum length of only 85 cm (2.79 ft), it poses no threat to humans.
This, combined with high survival rates after discardment and a significant portion of habitat untouched by fishing are why it is listed as Least Concern by the International Union for Conservation of Nature (IUCN).
[1] Reproduction is oviparous and embryos feed solely on yolk.