There is no information on Now Records. It is likely that they had the same idea as Select Records – a television production company trying to make a buck through a cross marketing deal with one of their programmes. Now was produced by National Television Programmes Pty Ltd, 293 Pacific Highway, Crows Nest, NSW 2065.
This is a pretty uninspiring collection of songs, but the presence of Australian TV personalities (yes they all had to sing back then), Don Lane, Mike Preston, and Kamahl makes this a bit of a necessity for collectors of Australian music.
It’s pressed by CBS who also did the Majestic / K-tel pressings at the time – so the sound quality is good, and many tracks are in real stereo. Very easy to find at the 2-5 dollar price point.
See here for details.