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….
The 2017 AADA National Dealer Convention returns to Sydney in September. AADA is expecting record numbers to attend at the brand new, billion dollar ICC Sydney on Darling Harbour. Under the theme ‘Advancing Innovation, Technology and Engagement’, we have compiled…
In a pre-Budget submission to the Federal Government, AADA has argued that the Luxury Car Tax (LCT) is no longer relevant and asked for consideration for the retail automotive sector’s significant contribution to the Australian economy. The Minister for Small…
Commercial law firm, HWL Ebsworth, have released their annual Automotive Industry Group Regulatory Update, providing their view on new, current and proposed legislation. The 25-page document deals with amendments to Australian Consumer Law (ACL), unfair contract provisions and The Motor…
AADA believes dealers are the unfair targets of an insurance cartel’s bid to cap commissions. We have responded to an application to the ACCC by a group of insurance companies that want to be able to limit commissions and other…