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Membership Information

ELIGIBLE BUSINESSES FOR MEMBERSHIP:

ORDINARY MEMBER
Applicants to this form of membership must be:

  • Footwear Retailers; or
  • Businesses that maintain as a reasonable proportion of their business, a footwear retailing component that satisfies the Board as representing a substantial component of the business itself.

ASSOCIATE MEMBER
Applicants to this form of membership must be:

  • Suppliers of goods and or services to members and during the term of their membership continue to be so occupied as a major business activity to standards acceptable to the Board;
  • Individuals and businesses in footwear manufacturing and wholesaling, and shoe repairing; or
  • Former industry persons who wish to remain members and are no longer directly involved in the footwear industry.

BANK MERCHANT SERVICES

NFRA has negotiated what we believe is a great opportunity for retailers to process their credit card transactions through the Commonwealth Bank.

NOTE you do not need to change your own current banking institution however credit card transactions will need to pass through a CBA EFTPOS machine in your store.    

The current Merchant Rate we have negotiated with the CBA is 0.5257% (inc. GST) for most Credit Cards, regardless of your turnover.  

Click to download Flier from the CBA

Debit Card transactions are .20c per transaction (inc. GST). If you are not aware of the Merchant Fees that you are paying for credit card transactions now, then it is important to check your merchant statement or with your bank and confirm how they compare with our CBA rate of 0.5257%.

The Commonwealth Bank have also put together a range of products for NFRA members that will include some concessions for overdrafts, mortgage advantages, leasing arrangements for shop fittings or vehicles, and financial advice.


 CALCULATION SHEET FOR VISA & MASTER CARD TRANSACTIONS

$700,000

$3,680

$6,650

$2,970

 

 

$500,000

$2,628

$4,750

$2,122

 

 

$400,000

$2,103

$3,800

$1,697

 

 

*0.95% average merchant rate currently paid by members surveyed      
                        

$58,333

     $306.65

$554.16

$247.51

 

 

$41,666

     $219.04

$395.83

$176.78

 

 

$33,333

     $175.23

$316.66

$141.41

 

 


INSURANCE

NFRA has arranged member access to a specifically tailored Business Insurance package with a leading global insurer, Insurance Solutions.

The Insurance Solutions package provides competitive rates and services for buildings, stock and all other essential business protection such as:

  • Material loss or damage
  • Automatic 50% seasonal increase of stock for the period November to February (may be adjusted to suit an individual’s requirement).
  • Business Interruption (loss of profits)
  • Public and Products Liability
  • Machinery Breakdown
  • Flood cover

To learn more, please visit the Insurance Solutions webpage for NFRA members by clicking here


EMPLOYEE RELATIONS TELEPHONE ENQUIRIES
.

The NFRA has an arrangement with VCCI (Victorian Chamber of Commerce and Industry) to provide telephone advice on Employee Entitlements and Employer Obligations relating to Retail & Clerical Awards for all states of Australia.

SUMMARY.

We trust that you will find this information useful and informative. The benefits outlined above are available to financial members, and the Board is continually looking for ways to improve your business profitability.

If you are interested in talking to a Board Member, who is also a Footwear Retailer, then feel free to call:-

  • David McKenna ………………(03) 9576 2400
  • Peter Parkinson………………. (03) 9670 3386

 

 



 

© NATIONAL FOOTWEAR RETAILERS ASSOCIATION Email:nfra@assocmanoz.com
Telephone (03) 8637 4713 Facsimile: (03) 8637 4701 Postal Address: GPO Box 4401 MELBOURNE VIC 3001
Level 6, Suite 10 365 Little Collins Street MELBOURNE VIC 3000