Why has the Industry Funding Levy for registered liquidators jumped by 35%?

Registered liquidators pay a levy to ASIC to cover their regulatory costs made up of a fixed fee plus a graduated levy based on activity metrics. Last year the graduated levy was $69.85 per event and this year it is $94.77. This is despite the often-reported increase in formal appointments (ie. increased activity) which should skew the levy in the opposite direction.

A look behind the numbers reveals the total cost of regulating liquidators has increased in that year from $5 million to almost $7.5 million. What is behind this 50% increase?

Failed prosecutions would be top of my suspects list.