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.
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