Annual Wage Review – 1.75% increase but not until 1 February 2021

The Fair Work Commission handed down its decision in the 2020 Annual Wage Review last Thursday. The headline from the decision is that Award rates will increase by 1.75%, but in the case of the General Retail Industry Award 2010, rates will not increase until the first full pay period on or after 1 February […]

Reduction in penalty rates subject to challenge by SDA

The Annual Wage Review decision issued last week allowed for a 1.75% increase, but it is delayed until 1 February 2021 for the General Retail Industry Award 2010.

Make sure you check epay back charged sales

Epay sent emails on 23 June 2020 to some Newsagents concerning claimed uncharged sales which go back as far as January 2019. The claims only relate to purchases of Opal top ups. The emails also stated the advice sent to Newsagents was the result of an inquiry to epay. This statement is incorrect as the […]

Lotteries insurance – act now to avoid problems with NSW Lotteries and Tabcorp

The mandatory lotteries professional indemnity insurance season is well under way. Standard requirements from NSW Lotteries/Tabcorp are that mandatory lotteries professional indemnity insurance must be renewed by 30 June 2020. With just under a week to go, you must act now if you have not already renewed your existing policy, including payment, or if you […]

Problems paying superannuation on time? Here is what you need to do

Coronavirus (COVID-19) has had a significant financial impact on small businesses including Newsagencies. The regular payments that you’re normally able to keep up with may be missed or not paid in full, such as your employees’ super for the quarter ended 30 June 2020.

Ovato permanently ditches full copy returns

According to a notification to Newsagents on Friday, 19 June, Ovato has announced that, “After a full business review and overwhelming positive feedback from many newsagents on our temporary halt to us requiring full copies, we have made the decision that we will now permanently stop all full copy magazine returns.” The following are the conditions […]

Rural Financial Counselling Service available to Newsagents across regional NSW

The federal government recently announced an additional $4.785 million to provide eligible small regional businesses affected by COVID-19 with access to free and confidential financial counselling.

Bauer Media on the block

One of Australia’s largest publishers, Bauer Media, will soon be in the hands of private equity, with Mercury Capital agreeing to buy the business. The deal includes the Pacific Magazines assets which Bauer recently acquired from Seven West Media.

News Corp Australia to offer new arrangements in response to regional title withdrawals

Senior News Corp Australia have contacted NANA to respond to our push for better arrangements to be put in place following their announcements that a number of regional titles will cease publication.

NSW Lotteries over-reach on social distancing requirements

Newsagents have received a box of supplies from NSW Lotteries/Tabcorp including a four page directive on the use of social distancing resources. NANA agrees that NSW Lotteries/Tabcorp should give Newsagents as much support as possible, but, making the use of some of the resources mandatory and subject to “compliance programs” is over the top as far […]