Category: Policy Viewpoint

AADA FIGHTS TO BLOCK USED IMPORTS

AADA WELCOMES DECISION ON PRIVATE NEW CAR IMPORTS

The Australian Automotive Dealer Association (AADA) has welcomed the Turnbull Government’s decision not to proceed with allowing personal importation of new vehicles from the UK and Japan. AADA CEO, David Blackhall, said the outcome highlights the careful consideration and hard…

ACCC NEW CAR RETAILING STUDY READY BEFORE YEAR END

Recommendations and proposals to emerge from the ACCC’s New Car Retailing Industry Market Study will be tabled before the end of this year. It is expected to be made public soon after an industry round table, with invited key stakeholders…

AADA SECRETARIAT STRENGTHENED WITH TWO NEW EXECUTIVES

The AADA Secretariat will be strengthened with the arrival of two new Executive Directors, James Voortman and Brian Savage, on 11 September. James will assume the newly-created position of Executive Director, Communications and Policy and Brian has been named to…

FLEX-COMMISSIONS OUT SAYS ASIC

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…

ACCC DENIES INSURANCE COMMISSIONS CAP

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 RESPONDS TO ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM PAPER

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…

FAIR WORK ACT AMENDMENT: WHAT YOU NEED TO KNOW

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…