March 2017

9th March, 2017 · bulletin ASIC Acts To Address Flex-Commissions In Car Finance Market
On Friday 3 March 2017 ASIC announced that it will prohibit flex-commission in the car finance market but will still allow lenders to pay other types of commissions to car dealers. ASIC has decided on...
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3rd March, 2017 · bulletin 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...
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