ASIC estimates 2018-19 levies

ASIC has published estimated industry sector levies for 2018-19 .

Examples are:
Listed corporations: Minimum levy of $4,000, plus $0.39 per $10,000 of market capitalisation above $5m. The maximum levy is $785,654 for entities with a market capitalisation of $20bn or more
Unlisted public companies: Flat levy $96

Deposit-taking and credit sector
Credit providers (including small and medium amount credit providers): Minimum levy of $2,000 plus $0.36 per $10,000 of credit provided above $100 million (for other than small and medium amount credit contracts)
Credit intermediaries: Minimum levy of $1,000, plus $14.33 per credit representative

Financial advice sector
Licensees that provide personal advice to retail clients on relevant financial products: Minimum levy of $1,500 plus $907 per adviser
Licensees that provide personal advice to retail clients on products that are not relevant financial products: $1,958
Licensees that provide general advice only: Flat levy $828
Licensees that provide personal advice to wholesale clients only: Flat levy $566

Insurance sector
Insurance product providers: Minimum levy of $20,000 plus $2.78 per $10,000 of revenue above the $5m threshold
Insurance product distributors: Flat levy $377
Risk management product providers: $2,767.

 

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