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MTAA

MTAA responds to MTA NSW withdrawal 

The Motor Trades Association Australia (MTAA) acting executive director Rod Camm has responded to the withdrawal of Motor Trade Association of New South Wales (MTA-NSW) from the national body.

ACCC ruling raises alarm over insurance sector consolidation

The Motor Trades Association of Australia (MTAA) has raised fresh concerns about growing consolidation in the insurance sector following the Australian Competition and Consumer Commission’s (ACCC) approval of Allianz’s acquisition of RAA Insurance Holdings.This latest decision follows the ACCC’s earlier approval in May of Insurance Australia Group’s (IAG) acquisition of RACQ Insurance, marking the second major motoring club insurance deal to be cleared in recent weeks.The Allianz transaction includes the purchase of RAA Insurance from the Royal Automobile Association of South Australia and a 20-year exclusive distribution agreement between the two organisations.MTAA interim executive director Rod Camm says these approvals are reshaping the insurance market in ways that threaten competition, reduce consumer choice, and create pressure for independent automotive businesses.“Australia is seeing a fast-moving consolidation of its insurance sector, with serious consequences for choice, pricing, and accountability,” Camm said.“Less competition means fewer options for consumers and increasing pressure on local repairers.”The MTAA also drew attention to a third emerging deal, with IAG reportedly entering a 20-year underwriting agreement with RAC WA.

Agostino recognised with OAM for service to motor trades and community

The Motor Trades Association of Australia (MTAA) has congratulated former chair Frank Agostino on being awarded the Medal of the Order of Australia (OAM) for his service to the automotive industry and the wider community.Announced in the King’s Birthday Honours on June 10, the recognition celebrates Agostino’s long-standing contribution to the national motor trades sector and his commitment to charitable causes.“Frank’s contribution to the motor trades industry has been extraordinary,” said MTAA interim executive director Rod Camm.

MTAA: Franchise reform changes the game

The Motor Trades Association says the Federal Government’s announcement to strengthen the Franchising Code of Conduct and extend Unfair Contract Terms and Unfair Trading Practices to all businesses regulated under the Code, is a game changer.  Now it includes businesses selling new motor vehicles, motorcycles, farm machinery and tractors as well as franchised motor vehicle repairers.   This is an important reform for the automotive industry as it means that any sector regulated by the Code will receive protections from unfair contract terms (UCT) without having to demonstrate that they come within the existing turnover and employee caps that apply to the UCT legislation.  Combined with existing Code provisions, such as the requirement to provide a reasonable return on any investment required by a franchisor, MTAA says this is a significant step forward.