Category: Regulation

GOVERNMENT WORKING ON AUTOMOTIVE FRANCHISING REFORMS

In a video message at the AADA Convention, the Minister for Industry, Science and Technology, Karen Andrews, confirmed that the Government would be introducing mandatory regulations before the end of the year to reform franchise relationships in the automotive sector….

GOVERNMENT INTRODUCES MANDATORY DATA SHARING

In a move that has ramifications for service departments across the country, the Australian Government has announced it will introduce a mandatory data sharing law for service and repair information. The government announced its decision during a specially convened meeting…

AADA WORKS ON POINT-OF-SALE EXEMPTION CHANGES

The AADA has been working with the Australian Finance Industry Association (AFIA) on the Government’s decision to abolish the Point-of-Sale exemption. Federal Treasurer Josh Frydenberg has indicated that legislation will be prepared by 1 July 2020. AADA/AFIA have commissioned research…

DEFERRED SALES MODEL FOR ADD-ON INSURANCE?

The Australian Securities and Investments Commission (ASIC) is proposing the introduction of a deferred sales model as a means of regulating the sale of add-on insurance and warranties by caryard intermediaries. ASIC had previously flagged the concept and, after three…

Cooperation the key to profitability: Voortman

New AADA CEO James Voortman has urged Dealers to work together, not just with each other, but with OEMs and governments, to restore a focus on profitability in dealerships. Speaking at the 2019 AADA National Dealer Convention, Mr Voortman said…

WANT MORE AFFORDABLE CARS? EASY – TAX THEM LESS

One of the reasons behind the Federal Government’s decision to allow the parallel importation of near-new vehicles is the belief that cars in Australia are too expensive. Retail automotive industry leaders argue that the Government could help lower prices by…

NTC CALLS FOR INPUT ON AUTOMATED VEHICLE LAWS

The National Transport Commission (NTC) has called for policy makers, technology experts, vehicle developers and the rest of the Australian community to help shape appropriate laws to maximise the benefits of automated vehicles. The inter-governmental agency has released an issues…