Category: Policy Viewpoint

TALKS CONTINUE WITH ASIC ON F&I REVIEW

AADA continues to work with the Australian Securities and Investments Commission (ASIC) relative to ASIC’s review of Finance and Insurance arrangements in the retail automotive industry. AADA is working closely with ASIC in an attempt to address the regulator’s concerns…

COMPETITION LAW AMENDMENTS: EXPOSURE DRAFT CONSULTATION

The Australian Government, on 5 September 2016, released the Exposure Draft and Explanatory Materials for the Competition and Consumer Amendment (Competition Policy Review) Bill 2016, which notably features the introduction of an ‘effects test’ to the Competition and Consumer Act…

ACCC LAUNCHES MARKET STUDY INTO NEW CAR RETAILING INDUSTRY

AADA is eager to learn more about the market study the Australian Competition and Consumer Commission (ACCC) has launched into the new car retailing industry in Australia. ACCC Chairman, Rod Sims, said consumer issues regarding new car retailing “are a…

BREXIT – THE BIG PICTURE! AN UPDATE FROM OUR CEO

Peter Ustinov, the famous British actor and raconteur, once said that if ever the world blew itself up the last words heard would be those of an expert saying it could never happen. As we arrived in London recently to…