Dear valued IAME Members,
Over the past 12 months, many of you have been experiencing increasing commercial pressure as the cost of operating an automotive business continues to rise. Through our recent IAME Cost of Living Survey, members have made it clear that rising insurance premiums, fuel costs (including 91 ULP petrol), wages, energy prices, parts costs, rent, and compliance obligations are placing real strain on businesses across the industry.
The survey results confirm what many of you are experiencing day to day. Business conditions have become more challenging, margins are tighter, and confidence in the economic outlook remains uncertain. Many workshops and professionals are working harder than ever simply to maintain service levels, support staff, and continue training the next generation of tradespeople.
As the professional body representing automotive practitioners, IAME recognises that our members are navigating a difficult operating environment. We also recognise that many of our members are small businesses and sole traders who must carefully manage every cost.
Following discussions at the Board level and in recognition of the current economic conditions facing the industry, IAME has decided not to increase membership fees this year.
While many organisations are increasing prices in response to inflationary pressures, the Institute believes it is important to demonstrate support and solidarity with members during this period. We understand that cost pressures are cumulative, and even modest increases can contribute to the overall burden currently being experienced across the sector.
This decision reflects IAME’s commitment to acting in the best interests of members and recognising the realities of the environment in which you are operating. It also reinforces the Institute’s ongoing role as an advocate for practical policy settings that support workforce development, small business sustainability, and the long-term strength of the automotive industry.
The results of the Cost of Living Survey are already being used to inform discussions with government and industry stakeholders, ensuring that the challenges facing automotive professionals are clearly understood. Your input has provided an important evidence base that strengthens the industry’s collective voice.
On behalf of the Board, thank you for your continued professionalism, resilience, and contribution to an industry that plays a vital role in supporting Australia’s economy, mobility, and safety.
IAME remains committed to supporting members through advocacy, professional representation, and continued engagement on the issues that matter most.
Yours sincerely,
Jeff Richards
National President
Institute of Automotive Mechanical Engineers (IAME)
