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what's really hilarious is that all industry associations let me see so far:

1. fpa - calling for less regulation
2. smsf association - calling for less regulation, simpler advice framework
3. even the three major accounting bodies have joined in asking, simpler congruent advice framework for financial planning and tax advice

what do the government and ASIC do? propose even more regulations, 1 year opt-in, declaration of independence, this isn't going to stop until all financial planners are gone.

clearly, the government is listening to others not industry or the profession.