Submitted by Jack Doff on Thu, 2024-02-08 10:57

Sorry Matt, but you obviously don't run your own AFSL. For our 2 planner practice, you are proposing an increase of $5,653 for next year on top of the current $3,300 increase this year.
A much better plan would be for all of the fines to go towards covering the running costs instead of being sucked up by Treasury. Then the adviser levies would reflect the actual shortfall in ASIC funding their running costs.

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