Policy Viewpoint

AADA News Category
23rd December, 2016 · Policy Viewpoint ACCC new car retailing industry market study
As readers will be aware, the ACCC has been studying the new car retailing business. In October it released an Issues Paper to which AADA responded in November. The study is examining: consumer guarantees, warranties...
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23rd December, 2016 · Policy Viewpoint ACL review update
On 14 October 2016, Consumer Affairs Australia and New Zealand (CAANZ) presented the Interim Report on the Australian Consumer Law (ACL) Review. The Interim Report follows the ACL Review Issues Paper, released in March 2016,...
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23rd December, 2016 · Policy Viewpoint Dealers asked to help stop money laundering and terrorism financing
Dealers will be asked to register with and report to a federal government department to help prevent money laundering and terrorism financing. The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) provides the means...
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19th October, 2016 · Policy Viewpoint ASIC puts insurers on notice in the sale of add-on insurance through car dealers
ASIC has told insurers they need to address ‘serious problems’ regarding the sale of add-on insurance policies through car Dealers. ASIC conducted a three-year review of this area and ASIC Deputy Chairman Peter Kell said...
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19th October, 2016 · 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...
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19th October, 2016 · Policy Viewpoint Non-genuine parts and access to service and repair information
It’s not a question of ‘if’ but ‘when’ serious accidents are caused by the failure of a faulty counterfeit replacement part – a potential problem AADA believes can be avoided. Australia is at the stage...
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