The old saying, " if you torture statistics hard enough and long enough, they will tell you anything you want to hear"

How glib of ASIC to quote that 92% of candidates have passed the adviser exam since introduction in 2019.
What's more telling that the adviser numbers in 2023 are under 16,000 but in 2019 prior to the introduction of the exam there were more than 29,000.
And dare I say it, I think there will be even fewer in the profession when 2026 education requirements need to be met.