You posted in the CFD forum, so I'm guessing you are looking for...

You posted in the CFD forum, so I'm guessing you are looking for a low CFD brokerage with a reputable firm.

There are a number of quality CFD brokers in Australia who charge less than that.

I did a review of 5 CFD brokers in Australia here http://www.learncfds.com/best-cfd-brokers-in-australia/ and the first 3 CFD brokers charge less than 0.1%.

Invast offer DMA CFDs with $6 minimums and 0.06%. That could work for you.

But you didn't offer too much other information in your post, so hard to point you in the right direction.
Good luck.
Ash.