Adviser levy tripled, labelled "deeply unfair"BY JAMIE WILLIAMSON | THURSDAY, 29 JUN 2023 12:17PMThe estimated ASIC levy for this financial year will see financial advisers slugged $3217, as the levy freeze comes to an end.
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This is disgraceful. Advisers cannot keep on being screwed and taken advantage of.
Why should I continue to pay for others previous mistakes, and creating ASIC regulations and their expenses, especially since our industry has lost over 15,000 advisers since this restructure started. The cowboys hopefully are gone now. Stop penalising the rest of us who do the right thing.
The complete disregard and disconnect shown by Government entities towards the small to medium private sector, who by the way, employ the majority of Australians is horrifying.
If this insanity continues of driving more restrictions of trade, massive cost imposts / red tape that acts as anchors to the detriment of Australians and Australia, with little benefit to show why we were all put through the wringer, then all we will end up with, is Government directed and Tax payer funded, NON producing entities who make nothing, do nothing, except to grind down and in many cases, destroy private sector Businesses that keep the economy going.
Absolutely bloody disgusting, thank goodness I got out years ago.