The Abbott government should review its decision to close the national charities regulator after freezing its controversial plans to water down Labor's financial advice laws, the federal opposition says.

Shadow assistant treasurer Andrew Leigh says the Abbott government needed to reconsider its decision to close the Australian Charities and Not-for-Profits Commission (ACNC) following the departure of Arthur Sinodinos.

"With the government having pressed the pause button on its anti-consumer charges to financial advice, it should now abandon its attack on charities": Andrew Leigh.

He said the ACNC reported to Senator Sinodinos, who stepped aside to face an Independent Commission Against Corruption inquiry in NSW, and the government ought to revisit the policy.

''With the government having pressed the pause button on its anti-consumer changes to financial advice, it should now abandon its attack on charities,'' Mr Leigh said.