In all of the hysteria about JobKeeper, the funds provided by the federal government under the Cash Boost initiative have been somewhat overlooked. Whilst JobKeeper has grabbed the headlines, Cash Boost payments which are connected to the end March 2020 BAS reports have and will continue to provide large sums to Newsagents to assist with […]
The federal government continues to make changes to the JobKeeper support program.
NANA has been in discussions with Tabcorp/NSW Lotteries over a sensible approach to assessing compliance against different aspects of what Newsagents are required to do as far as lotteries requirements for responsible gambling information, POS material displays and other compliance matters are concerned. Tabcorp also has concerns about using social distancing measures and how they are […]
NANA has been working with Members to recover large sums of outstanding account balances for service station sub-agent accounts across NSW and ACT. We have identified systemic problems with corporate Shell, Woolworths/Caltex and BP sites. In some cases, the amounts due which Newsagents were unable to recover exceeded well over $5,000.
The General Retail Industry Award 2010 which covers most employees in retail Newsagencies has been subject to a significant review under the Fair Work Commission’s 4 yearly review of modern awards.
NANA has seen quite a few insurance offerings emerging from brokers inexperienced in the Newsagency industry. We have seen some brokers claiming to be able to offer mandatory lotteries insurance when they are not approved by Tabcorp/NSW Lotteries for NSW and ACT and in other jurisdictions. Some are quoting on general business insurance without including […]
With more employees either being stood down or agreeing to take extended periods of leave, it is essential that Newsagents understand how long service leave accrues (including for long term casual employees), how it is calculated and what flexibility changes have been recently introduced.
Following on from the recent suspension of many rural and regional newspaper titles across the country, Bauer Media has announced it is suspending some print titles in its stable of popular magazines.
Due to changes in auditors and delays with the approval by ASIC, then compounded by the ability to conduct public meetings, NANA has had to delay its AGM. All of those issues have been resolved and the date for the AGM has been set as 21 May 2020. The meeting will be convened using video […]
Yesterday the Treasurer met with the CEOs of ANZ, NAB, Westpac and the Commonwealth Bank who agreed to bolster their efforts to prioritise any business needing funding to bridge the gap until the first JobKeeper payments are made in May. It was agreed special hotlines would be set up to help manage the applications from […]