2nd May, 2018 · CEO Message

CEO Message No. 32

2 minutes to read

Enrico Fermi was an Italian-American physicist, who became world famous as the creator of the first nuclear reactor, receiving the 1938 Nobel Prize in Physics for his work.

Enrico Fermi (1901 – 1954) 

Fermi also gave his name to one of the most enduring and perplexing unanswered questions of modern science – where are all the aliens? 

Fermi argued that, given the billions of stars and planets in our galaxy the Milky Way (and other galaxies), there is an extraordinarily high probability that intelligent life has evolved. Noting the complete lack of scientifically verifiable evidence of any alien contact, Fermi asked the question… “Where is everybody?”

This became known as the Fermi paradox – the apparent contradiction between likely ubiquitous life in the universe, and the utter lack of contact.

A plausible explanation for the silence is that, given the vast distances and the impossibility of faster-than-light travel, we are simply too far apart to communicate.

In our policy and advocacy work on behalf of franchised new car dealers one of our uppermost objectives is to ensure always that we are never so far apart from our industry colleagues and regulators that communication is impossible.

To this end we constantly engage with the AAAA, MTAA, FCAI, AAA, ANCAP and other groups as well as the key teams at ASIC, ACCC and with government and opposition leaders communicating on our updated Vital Five:

  1. Automotive Industry Code
  2. Access to Service and Repair Information
  3. ACL Review (changes to the Competition and Consumer Act 2010)
  4. ACCC Add-On Insurance Review
  5. Affordability Issues – LCT, Import Duty, State Duties and Taxes

On all these topics we never want to hear any of these important industry partners ask the question – Why have we not heard from you?

Please take the time to review the detail provided by our Secretariat team in this report on these and other key matters that are impacting our business today and will do so increasingly in the future.

In the meantime…

Good Luck and Good Selling.