The ACCC has authorised Tyre Stewardship Australia (TSA) to continue its Tyre Stewardship Scheme for a further six years. MTA Tyre Dealer Division members need to be aware of where their contributions are going.
The ACCC’s Commissioner Roger Featherston said, “We have decided to authorise provisions of this scheme for a further six years, as the scheme is likely to increase the number of tyres being disposed of in an environmentally friendly way and result in a net public benefit.”
The voluntary scheme provides for the responsible recycling and use of tyres that have reached the end of their life. Currently only about 10% of the 56 million tyres sold in Australia each year are recycled. TSA’s target is 50% and the continuation of the Scheme will allow it to strive for this goal.
The scheme also imposes a levy of 25 cents per tyre on tyre importers. The levy is not designed to directly fund recycling of used tyres, but to find and promote new uses for tyre-derived products.
Participants in the scheme commit to certain practices that promote environmentally responsible ways of recycling tyres and the TSA will continue to engage with all parties involved in a tyre supply chain and governments to continue improving the outcomes of this scheme.Participants in the scheme are businesses involved across the entire tyre supply chain and include tyre retailers, importers, recyclers and collectors, fleet operators and local governments across Australia.