Submitted by Not Sure About That on Thu, 2024-02-08 08:57

All this is, is a campaign run by larger dealer groups to try and stem the flow of losses to self-licensing. The dealer groups have created this campaign and are using their puppet advisers to support this proposal out of their own self-interest. If any adviser believes that a deal group would happily absorb the increased ASIC fee without passing onto the adviser / CAR needs to have their head read... The only thing this will do is reduce ASIC fees and increase dealer fees further. People should stop wasting time trying to put lipstick on pigs and focus on addressing the real issues in this industry.

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