ASIC announced in March that it will prohibit flex-commission in the car finance market but will still allow lenders to pay other types of compensation to car Dealers. ASIC considers flex-commissions “are arrangements in which a party other than a…
In a major win for Dealers, the Australian Competition and Consumer Commission (ACCC) has denied 16 insurance companies authorisation to jointly impose a 20 per cent cap on commissions paid to motor vehicle Dealers who sell add-on insurance products. The…
AADA has responded to the Attorney-General’s Department consultation paper on anti-money laundering and counter-terrorism financing, arguing that banning cash sales is the best way to prevent high-value Dealers being used for those criminal activities. In November 2016 the Attorney-General’s Department…
On 19 April 2017 Consumer Affairs Australia New Zealand tabled its report to the Federal Government of its review of the Australian Consumer Law (ACL). The review of the Australian Consumer Law (ACL Review) made a number of wide-ranging recommendations…
In March, following on from the 7-Eleven scandal, the Federal Government introduced legislation in the House of Representatives to amend the Fair Work Act to better protect vulnerable workers. This has application to franchisors/OEMs/distributors who have a significant degree of…
In August last year the Queensland Government approved Terms of Reference for a review of Queensland’s retail trading hours. The review was conducted by an independent reference group chaired by Mr John Mickel, former Speaker of the Queensland Legislative Assembly….
More than most industries the automotive industry is at the front line of the technological revolution that will see artificial intelligence (AI) and automation completely alter the way we live, move and do business. A new report, titled “Amplifying Human…
Throughout March, AADA held a series of ‘town hall meetings’ with Dealers around Australia in order to communicate the Association’s current position, priorities and needs. We were pleased with the reception we received and believe Dealers who attended had much…
In recent months, in talking to Dealers across different brands, it has come to my attention that there is some concern about certain factory behaviours in the areas of warranty, Australian Consumer Law (ACL) compliance and lack of good faith….
The latest survey of UK Dealers, conducted by the National Franchised Dealers Association (NFDA), has found a slight drop in the satisfaction of franchised car Dealers regarding their relationship with manufacturers. Dealers recorded an average satisfaction score of 6.1 in…