All Bulletins

 
16th May, 2017 · bulletin AADA Supports 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 in credit activities is a clear indication...
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10th May, 2017 · bulletin 2017 AADA Federal budget
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. Scott Morrison MP, Treasurer of...
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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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17th February, 2017 · bulletin 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 commissions paid...
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7th December, 2016 · 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 provides financial intelligence to revenue and law enforcement agencies. Businesses must meet minimum obligations and assess the...
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