Category: Policy Viewpoint

ASIC TO PROHIBIT FLEX-COMMISSIONS IN CAR FINANCE MARKET

The Australian Securities and Investments Commission (ASIC) has been conducting a review of commission arrangements in the car finance market for a number of years. Its findings will have a significant impact on the way Dealers conduct or continue business…

NTC SEEKS AUTOMATED VEHICLE CLARIFICATION

The National Transport Commission (NTC) has issued a discussion paper seeking clarification of what is required for automated road and rail vehicles to legally operate across Australia. The paper is based on a review the NTC conducted into the existing…

AUSTRALIAN CONSUMER LAW REVIEW

The Australian Consumer Law (ACL) – a single generic consumer protection law that applies across Australia – commenced on 1 January 2011. This is the first review since the law was implemented and applies to OEMs and Dealers in terms…

INDEPENDENTS NOT COMPLYING WITH SERVICE AND REPAIR AGREEMENT?

Signatories to the Access to Service and Repair Information Agreement (Agreement) have discussed anecdotal evidence that independent repairers and body panel repair shops are not complying with Principle 3 of the Agreement, which states: “The consumer is entitled to full…

Parallel imports minefield

The Federal Government’s decision to allow the private importation of new-near cars has huge potential negative ramifications for the local industry, AADA believes. The Government announced planned changes to the Motor Vehicle Standards Act 1989 in early February, claiming it…

PARALLEL IMPORTS: OTHER REACTIONS

The Government’s decision to allow parallel imports met with immediate opposition, not just from Dealers but also the Federal Chamber of Automotive Industries (FCAI), the Victorian Automobile Chamber of Commerce (VACC) and Independent Senator for South Australia, Nick Xenophon. In…

THE GOVERNMENT’S RATIONALE

The Hon Paul Fletcher MP, Minister for Major Projects, Territories and Local Government, said the changes to parallel laws would give consumers more choice in three main ways: 1. Personal import of new motor vehicles “With around 30,000 vehicles a…