AFTA still waits on TCF audit ruling

AFTA still waits on TCF audit ruling
By admin


Travel agents are still in the dark over whether they will have to complete their Travel Compensation Fund audit for 2012/13.

With just days left of the financial year, the Australian Federation of Travel Agents said it has still not been notified whether any change to the TCF Trust Deed will eliminate the need for agents to lodge an audit.

Gary O’Riordan, AFTA’s general manager overseeing the new AFTA accreditation scheme, said it may learn tomorrow if agents are off the hook. 

AFTA had hoped to be told by the end of last week of any change to the Trust Deed.

“It is a critical issue for agents and we are very close to the end of the financial year,” O’Riordan told Travel Today.

O’Riordan earlier said AFTA had been led to believe the industry will not be required to complete the annual financial return. But until that has been confirmed agents will be on tenterhooks.

“What we believe is that industry will not be required to do their annual financial return for 2012/13,” he said last week. “It will certainly be something the industry will be very positive about if it comes out that way.”

Latest News

  • Aviation

Australia’s largest airports join forces in the fight against human trafficking

In an Australian first, Sydney Airport and Melbourne Airport have joined forces to launch a public awareness campaign to fight human trafficking. The country’s two largest international airports have partnered with anti-human trafficking organisation, A21, to run the “Can You See Me?” campaign, with guidance and input from the Australian Federal Police (AFP). This initiative […]

  • Attractions
  • Destinations

Travel advisors are invited to join Tokyo Tourism webinar

Travel advisors are invited to join Alison Roberts-Brown from Tokyo Tourism to explore the latest in Tokyo! Discover exciting new attractions, including teamLab Borderless, Immersive Fort Tokyo, Senkyaku Banrai, and Warner Bros. Studio Tour Tokyo – The Making of Harry Potter and much more. Learn about the hottest new hotels and upcoming projects, like the […]

  • Cruise
  • Cruise Lines

Uniworld rewards travel agents with gift cards just in time for Christmas

Travel agents will be rewarded with generous gift cards, just in time for Christmas, to say thank you for suggesting Uniworld to clients. Advisors can earn $1000 per Rivers of the World 2026 booking, in addition to your regular commission. They also earn $300 for every Suite booking in 2025. And earn $200 on every […]

  • Travel Agents

Wrap-up of Black Friday Sale from Insight Vacations, Trafalgar and Costsaver

Travel agents can take advantage of three great Black Friday campaigns with The Travel Corporation brands Trafalgar, Insight Vacations and Costsaver. Trafalgar’s Tour Differently in 2025 with 30% savings  This Black Friday, Trafalgar is turning up the savings and making it even easier to Tour Differently in 2025. From 1 November to 5 December, agents […]

  • Hotels

ME by Melia opens in Malta

Preferred destinations seem to happen in waves, and our pick is that Malta is on the crest of one.

  • Tour Operators
  • Tourism

La Collection launches LC DMC

If you put La in front of a word does it make it a more fancy option? Just asking?

  • Tourism

ATEC celebrates industry excellence with annual awards 

The Australian Tourism Export Council (ATEC) has announced the winners of its prestigious annual awards, recognising exceptional contributions from across our tourism export industry. These awards, announced during ATEC’s annual Meeting Place event last Wednesday, highlight individuals, businesses, and partnerships which have shown outstanding leadership, dedication, and innovation in promoting Australian tourism. Captain Trevor Haworth […]

  • Hotels
  • Luxury

Accor announces the signing of Sofitel Sapa Hotel and residences

Accor has announced the signing of Sofitel Sapa Hotel & Residences, a landmark luxury development set to bring Sofitel’s French elegance to the highlands of Northern Vietnam. The project is a combination of 176 rooms and 436 branded residences. It is expected to open its doors in 2030, making another milestone in the expansion of […]

  • Events

ICC Sydney celebrates 100 events in record-breaking year

International Convention Centre Sydney, managed by ASM Global, is set to break the record for number of live events in a single year with 100 shows. The James Blunt concert taking place on 23 November marks the venue’s 100th live entertainment event in a single year. To celebrate this historic achievement, ICC Sydney is giving […]

  • Travel Agents

Last chance to win Globus family of brands’ $1K a Day Giveaway

Agents are reminded they can still enter an unmissable giveaway by making a deposited booking with Globus, Cosmos and Avalon Waterways for departures in 2025. The trade incentive will remain open to agents until 30 November. To take advantage of the offer, agents simply need to make a deposited booking with either Avalon Waterways, Globus […]

  • Events

Intrepid Travel champions responsible business at UN Global Compact Sustainability Event

Intrepid Travel championed the agenda for responsible business at the United Nations Global Compact’s UNiting Business Live Australia conference this week. During her visit to Australia, UN Global Compact assistant secretary-general, Sanda Ojiambo, met with Intrepid CEO James Thornton, where they discussed the future of sustainable practices in the travel industry. Thornton and Ojiambo discussed […]