Many in the automotive industry have put their hand up to claim eligibility for the Federal Government’s ‘JobKeeper’ program and received support payments for eligible employees and eligible business participants. With the ATO ramping up JobKeeper review activity, and JobKeeper…
On 7 August, the Federal Government announced an extension to its JobKeeper program, but with a reduction in the amount of money recipients will receive. The JobKeeper payment that was scheduled to run until 27 September 2020 will now continue…
The Australian Automotive Dealer Association’s submission to ASIC’s proposed intervention order on the sale of automotive add-on insurance and warranty products has expressed concern that the intervention will further harm the industry and its ability to service its customers. ASIC…
The Australian Tax Office has revised the Luxury Car Tax (LCT) threshold, from $66,331 to $67,525 for the 2019-20 financial year. For fuel-efficient vehicles the LCT threshold remains the same at $75,526.In the past decade, the threshold for non-fuel-efficient vehicles…
AADA has proposed three options to reform the Luxury Car Tax (LCT) before its eventual abolition, in its Budget Submission to the Federal Government. “The LCT is a poorly structured tax and acts as a barrier to the renewal of…
On 20 August 2020, the Government published its response to the Parliamentary Joint Committee on Corporations and Financial Services (The Committee) Fairness in Franchising report. The report recommended changes to the Franchising Code of Conduct (Code) and this is the…
Well before August VFACTS hit the cyber-net, it was obvious that we’d have to avert our eyes from last month’s scoresheet to avoid a bout of morbid depression. And the numbers didn’t let us down in that regard. Of course…
On 20 August 2020, the Australian Government released its long awaited response (Government Response) to the Joint Committee on Corporations and Financial Services inquiry (Inquiry) into the operation and effectiveness of the Franchising Code of Conduct report: Fairness in Franchising…
The Federal Government has doubled the penalties that apply for a breach of the Franchising Code, but AADA believes this response is still ‘far too weak’ to change anything. AADA Chief Operating Officer Brian Savage said “the penalties are still…
As Honda and Mercedes-Benz continue to plan to shift to a set-price distribution model, AADA CEO James Voortman has expressed concern to a Senate Committee about the detrimental effect such a move would have on Australian Dealers. Honda has announced…