The CSLR Levy: Can a Stabilising Profession Afford Another Hit?

Treasury's proposed CSLR levy aims to recover $47 million from current advisers to cover Dixon Advisory's collapse, with additional levies anticipated from Shield and First Guardian failures. After losing 12,000 advisers following the Royal Commission, the stabilising profession faces renewed pressure, particularly endangering smaller practices where 19% already report zero profitability.

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