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Newsagents struggling with power prices

How much electricity costs Newsagents? The amount a Newsagent spends on electricity will naturally be determined by the style of their business, refrigeration, out of hours lighting, whether they are on the correct tariff and how many employees it has, amongst other factors such as location and energy retailer.

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Next generation $10 note gets release date

The Reserve Bank of Australia announced last week Australia’s new $10 banknotes will be released into circulation come September 20, following a release of a new $5 banknote in 2016. The new notes contain the same world-leading security features as the new $5 note, including a clear top-to-bottom window, and a tactile feature so that it can be […]

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Don’t risk your lotteries franchise – ensure you have compulsory insurance coverage

NANA is concerned that there are still Newsagents that have not finalised their arrangements for the compulsory insurance coverage required by NSW Lotteries as a condition of the franchise agreement. Newspack Insurance Broking can quickly arrange cover and will conform details with NSW Lotteries to ensure they know your lotteries outlet is covered and meets […]

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Payment surcharges – only charge what it costs you

Newsagents take note that from September this year it will be illegal to impose payment surcharges on your customers that are higher than your ‘cost of acceptance’. Your cost of acceptance  is what it costs you to process a payemnt such as bank fees and terminal costs.  The ACCC is urging Newsagents and other small […]

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660,000+ reasons to get it right

The Fair Work Ombudsman recently reported a successful prosecution of a retailer that had underpaid an employee over $25,000.  In this case, the Federal Circuit Court penalised both the owner-operator and the company.  The former owner-operator of the business has been penalised $16,020 and his company $644,000 in the Federal Circuit Court.

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