Home' The Channel Magazine : February 2011 Contents 10 National News agent February 2011
BILL EXPRESS UPDATE
The ANF has advised newsagents
that the situation with the Bill
Express equipment is as follows:
1To the best of our knowledge,
we understand the Bill Express
equipment is owned by the Bank of
New York (BNY);
2We have contacted BNY to
arrange for removal, disposal and/
or redeployment of the equipment,
but BNY has continually refused to
3We believe that the equipment,
being a minimum of 5 years old, is of
minimal value and will likely have a book
value of between $0–$100;
4Where sets of equipment have
remained deployed in store they are
likely to have a value at the lower end of
the range stated above in point 3;
5We have estimated that the cost
for BNY of both retrieval of the
equipment and the ‘making good’ of
all in-store fixtures is approximately
$250–$350 per equipment set. (This
estimate does not include costs of
disposal or storage of the equipment);
6The law bars the ANF from
instructing or advising members to
dispose of the equipment sets;
7However, given the relative costs of
the equipment’s removal/disposal
and the ongoing behaviour of BNY, it
would appear likely that BNY intends to
abandon the Bill Express equipment; and
8A great deal of time has elapsed
since discussions with BNY began
and we do not envisage the situation
changing in the future.
The ANF has stated that based on this
information, newsagents could decide
how to best to deal with the Bill Express
equipment in their possession.
◗ The use of hot spots which allow readers
to interact with the magazine at the press
of a button
◗ Photo galleries showcasing the greatest
images from the world of sport
Source: News Magazines. The power
of video images on Apps and iPods
demonstrates why these devices will
become a popular way to view sport reports,
thus affecting the demand for print.
Are they still relevant? Why belong?
What do they do?
In tough trading times or in good times a
business will naturally question the value of
joining their representative body to see if it
is value for money. What do I gain through
membership? Why belong? What happens
if I don’t join?
Associations don’t just exist to fix things
when there are problems, they add the
strength of a group to an individual – this
can be business, political or social power.
In 2011 the ANF will work in close co-
operation with State organisations as well
as through its own branches and will be
looking to be able to unify the channel to
gain maximum benefit for newsagents
ANF looks after national issues and the State
Associations manage state and local issues.
More than ever newsagents will need to
band together to have the resources they
will need to compete in a changing world.
If all agents contributed to the whole, then
the industry would be much stronger.
If you have a question about your state
Association or the ANF, email a question to
the association or editor of NN.
This month VANA outlines the benefits
it brings to Victorian newsagents:
◗ Supporting, Lobbying, Training VANA
keeps newsagents informed on key
industry issues and new offerings to the
It works with suppliers so that they do not
make decisions that impact negatively on
newsagents without consultation with VANA.
◗ Bulletins and Hotlines VANA Ltd
regularly publishes the VANA Bulletin and
VANA Hotline. VANA’s aim is to report to
members on important news of interest to
members. These means of communication
allow VANA to establish frequent and
constant contact with members and ensure
members stay up to date in the forever
changing industry landscape.
◗ Regional Meetings The meetings offer
members the opportunity to express their
views on the Association’s activities and
share their experience and are a great way
to remain up-to-date and to network with
other newsagents in the area.
Regional meetings of two to three hours
are held twice a year in each of the regions.
◗ Annual Conference VANA holds an
annual conference including open forum
with a clear aim of discussing, addressing
and acting on topics of common interest to
This year the Conference will coincide with
the national conference on 21-24 August 2011.
The conference delivers on three main
- Furthering professional development
- Promoting best practices
- Sharing ideas and promoting partnerships
across the industry
◗ www.vana.com.au The VANA Webpage
is a resource available to members
24/7 and includes the VANA Extranet
◗ Annual Excellence Awards The VANA
Newsagent of the Year Awards program
culminates in a Gala Awards ceremony and
dinner, the VANA Gala Dinner.
Held annually, the VANA Gala Dinner is
the premier event on the industry calendar,
and honours the spirit, creativity, and
passion that make newsagencies a key
contributor to Victoria’s economic health.
The QNF and how it works with
the ANF to provide superior
service to Queensland members.
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