Category: Dealer Bulletin

AADA Dealer Bulletin – Backing Small Business

23 May 2017   Dear Members I recently received a personal note from the Minister for Small Business, The Hon Michael McCormack MP directing me to the Government’s latest publication Backing Small Business, which is a comprehensive document that details…

Media Release – AADA Supports ASIC

16 May 2017 AADA FULLY SUPPORTS THE ASIC BAN ON ILLEGAL PRACTICES CEO of the Australian Automotive Dealer Association (AADA) David Blackhall said the recent action by the Australian Securities and Investments Commission (ASIC) to ban an operator from engaging…

DEALER BULLETIN – 2017 AADA FEDERAL BUDGET

IN PARTNERSHIP WITH THE AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY AADA, in partnership with the Australian Chamber of Commerce and Industry, has provided AADA members with an overview of the 2017 Federal Budget delivered Tuesday 9 May by the Hon….

URGENT DEALER BULLETIN – Flex-Commissions

ASIC RELEASES PROPOSALS ON FLEX-COMMISSIONS This afternoon ASIC released its proposals on flex-commissions paid to Dealers by financiers. The ASIC documents can be viewed here. AADA is examining the documents and will issue a detailed report on the implications for…

BREAKING NEWS – Dealer Bulletin – 17 February 2016

Good news from the ACCC at last Our persistence and advocacy is paying off. The ACCC today brought down its draft determination to deny authorisation of cartel behaviour sought by 16 insurance companies seeking to impose a 20% cap on…

Dealer Bulletin – 7 December 2016

7 DECEMBER 2016 DEALER BULLETIN FEDERAL REGULATORY IMPACT ON HIGH-VALUE DEALERS UNDER ANTI-MONEY LAUNDERING AND COUNTER TERRORISM FINANCING ACT 2006 (AML/CTF Act) The AML/CTF Act provides the means to help detect and deter money laundering and terrorism financing. It also…

URGENT Dealer Bulletin – 2 December 2016

2 DECEMBER 2016 URGENT DEALER BULLETIN • ASIC recommends approval of insurance industry cartel proposals • ACCC likely to implement 20% cap and other actions in 2017 Last month ASIC reviewed the insurance industry’s application to institute a voluntary code…

Dealer Bulletin – 11 November 2016

11 NOVEMBER 2016 DEALER BULLETIN Carsguide.com.au TO: All AADA Members We are writing to advise you about an important change to the competitive landscape in the internet lead management space and across related dealer support services. The existing Carsguide.com.au joint…

Dealer Bulletin – 10 November 2016

10 NOVEMBER 2016 DEALER BULLETIN Australian Consumer Law Review Interim Report Released TO: All AADA Members On 14 October 2016, Consumer Affairs Australia and New Zealand (CAANZ) presented the Interim Report on the Australian Consumer Law (ACL) Review. The Interim…