GNS revises credit terms and conditions
At the end of last week GNS Wholesale Stationers released revised terms and conditions of trade. The revised terms will apply to several GNS entities and their customers in different States.
E-Pay Scam Warning
NANA has received concerning advice that the SCAM on e-pay vouchers is still occurring; as late as last week.
Mag Charts available through NANA web site
Gordon and Gotch Australia has released a new set of Mag Charts. The latest release focuses on Women’s Weeklies, Women’s Interests, Home Interests, and Puzzles.
NPR and GGA magazine data
NANA welcomes the opportunity to work with Members to achieve the required data integrity status to allow them to access the benefits of Gordon and Gotch Australia’s no physical returns (NPR) program. In many cases, accessing NPR can be straight forward, however there will be cases where problems occur which require special attention to resolve. […]
Don’t waste money on incorrect invoices
NANA continues to stress to members that it is important to thoroughly check all invoices/statements received from suppliers, regardless of how long you have been doing business with them. Errors occur, and they can be costly for newsagents. Some suppliers insist that even when problems are identified, they will not reimburse beyond three months in […]
ATO Update – Lower company Tax Rate eligibility changes
The Australian Government has recently passed legislation that allows some companies to be eligible for the lower company tax rate of 27.5%. The ATO have sent out information on the changes.
NSW Government to provide small business events in October
NSW Small Business Month is a series of events being held across metropolitan and regional NSW from 1–31 October 2018.
News Corp go early on direct debits – Increased costs incurred by some Newsagents
News Corp’s finance team went early with their direct debit of some Newsagent accounts on Friday 31 August. Going three calendar days early has caused some Newsagent’s bank accounts to be overdrawn, hence attracting fees from their bank.
Publisher late deliveries hitting Newsagents hard
NANA has formalised major concerns arising from the regular late delivery of newspapers from publishers to Newsagents. Of major concern is the unrecoverable lost time costs associated with drivers sitting around waiting for paper deliveries.
NANA searching for the causes and solutions on magazine label problems
One of the most frustrating problems faced by Newsagents is the way some batches of magazine labels do not correctly print. The labels print, but not in the correct order, sometimes labels are missing, and these niggly problems can lead to delays in processing the receipt and merchandising of magazines.
