September 2017

28th September, 2017 · bulletin NWC undertaking to ACCC
The ACCC announced today that the National Warranty Company (NWC) has agreed to make changes to its ‘Extension to Manufacturer’s Warranty’ product after the consumer watchdog expressed concerns that the products, which are sold nationally...
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26th September, 2017 · bulletin ACCC market study roundtable
On 25 September, the AADA attended a roundtable in Melbourne hosted by the ACCC on its New Car Retailing Industry Market Study. The purpose of the roundtable was for the ACCC to seek industry views...
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21st September, 2017 · bulletin Takata Airbags Proposed Recall Notice for a compulsory recall
The Minister for Small Business, Michael McCormack, has today issued a Proposed Recall Notice for a compulsory recall of all vehicles with defective Takata airbags. The decision, is based on advice from the Australian Competition...
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9th September, 2017 · bulletin Flex Commission – Summary of New Regulations
Yesterday, ASIC issued the final Legislative Instrument banning flex commission in its present form. The new regulations have an implementation date of November 1, 2018. This provides financiers and dealers with around 14 months to...
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7th September, 2017 · bulletin AADA’s Response to VACC’s Press Release
Following the issue of a recent VACC press release, several dealers have contacted AADA expressing their concern about the sentiment and accuracy of the statements made in it. In particular dealers have taken issue with statements...
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