Assistant Minister to the Treasurer Michael Sukkar told reporters in Canberra: "The previous voluntary recall has not been satisfactory overall and it's the safety of all Australians which is the first priority of this government"
He went on to add: "The compulsory recall will force manufacturers, dealers, importers and other suppliers to ensure that all dangerous Takata airbags are located and replaced as quickly as possible."
It has been labelled as one of the biggest recalls in Australian history and comes after federal Labor originally submitted a compulsory recall in August last year.
See the full list of manufacturers affected by the recall below:
Ford, GM Holden, Mercedes Benz, Tesla, Jaguar, Land Rover, Volkswagen, Audi, Skoda, BMW, Chevrolet, Chrysler, Dodge, Ferrari, GMC, Honda, Jeep, Lexus, Mazda, Mitsubishi, Nissan, Subaru, Toyota, Volvo and Hino Trucks.
Affected airbags must be replaced by December 31, 2020.
If you are concerned about your vehicle, see here for more: www.productsafety.gov.au.