You Say ‘No’ to Higher Levies

Last week’s poll asked if you support the prospect of paying higher levies to industry regulator the Financial Markets Authority (FMA).

So far 86% of voters say ‘no’ to higher fees; 12% say ‘yes’, and the rest remain undecided.

FMA’s funding is made up of money from the Crown (25%) and industry levies (75%). The FMA says it needs more money as its role has widened while funding has remained unchanged.

No matter which way you cut it; it seems higher levies are on the horizon and the majority of RiskInfoNZ readers aren’t happy about it.

Our poll closes at the end of the week, but you have until the end of the month to take part in MBIE’s consultation on future levies.

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