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.
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.
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.
The first batch of payments rebating NANA Members for the cost of their compulsory lotteries insurance has now been completed. The 100% rebates to Members have been well received and directly reduce the costs of Members doing business.
NANA is aware that one of the smaller participants in the Newsagency insurance market is placing insurance policies in a manner which may result in Newsagents facing increased costs as these arrangements potentially charge 2 sets of service and agency fees. The question also arises, who is going to deal with a claim if two […]
Just because you receive a breach notice from Tatts Group Lotteries/NSW Lotteries Corporation either because of a site survey or due to some other reason, it doesn’t mean the breach notice should go unchallenged.
When evaluating your insurance costs, it is a good idea to make sure your broker is placing your insurance policies direct with the underwriter rather than via another broker. If your broker is placing your policy via another broker, rather than direct with the underwriter, you can end up being charged for two sets of […]
Quite a few Newsagents have been subject to scams perpetrated via the epay system. These can be costly. The scams are not always covered by
NANA recently surveyed Members on their attitudes toward their GNS levy balance. Not surprisingly, the overwhelming response from Members is that
The application of overtime rates to casual employees has been confirmed by the Fair Work Commission.