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- in depth near the floor of rocky reefs on the continental shelf, though its depth range can extend between 20and. At a maximum length of only 85cm (33inches), it poses no threat to humans. It is common within its range and is not targeted species. 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). Reproduction is oviparous and embryos feed solely on yolk.