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Bankers see ASIC user pays model as burden

The Australian Bankers' Association (ABA) said that the government's proposal to implement a user pays funding model for the corporate regulator would increase "the cost burden on the Australian financial services industry."

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Read more: ASICABARegulatoryAssociationAustralian BankersAustralian SecuritiesFederal GovernmentFinancial System InquiryFSIInvestments CommissionTony Pearson