Australian Small Business and Family Enterprise Ombudsman Kate Carnell has urged the Australian Taxation Office (ATO) to refrain from returning to heavy-handed tactics, with collection action expected to ramp up as debts owed hit a record high.
Signarama Australia is looking for a new owner for its Pakenham VIC franchise after the business this week decided to call in an external administrator. “Victoria was hit pretty hard over the past 12 months."
It is well-known that Ovato (formerly IPMG and PMP combined), is undergoing a major restructure but some employees made 'redundant' by the ASX-listed company are perplexed that their positions are being advertised again. The AMWU has warned Ovato it may take the matter to the Fair Work Commission, the national workplace relations tribunal.
Companies including Leonhard Kurz, Bobst, Esko, Kama, Konica Minolta, Kyocera, Müller Martini, Windmöller & Hölscher and DuPont de Nemours are designing new online showrooms ahead of the inaugural virtual.drupa trade show in April.
Smartech Business Systems, headquartered in Hong Kong and active throughout Asia and the USA, has acquired the industry supplier Quadient Oceania (formerly known as Neopost Australia and GBC before that). It's 'business as usual' says National Marketing Manager Morgan Quinn.
Ovato recorded a net loss of $9.7 million for the six months to 31 December 2020, with sales falling by 28.2% to $236.2M compared to the corresponding six month period, which was prior to the impact of the COVID-19 pandemic. "Heatset catalogue printing and residential distribution volumes are not returning as quickly as expected due to the lingering impacts of COVID-19."
Print and marketing group IVE reported $23 million in net profit for the first half, up from $17.7m pcp despite a 3% fall in revenue to $340.8m. “We estimate a revenue reduction to pcp of circa $50m as a result of the impacts of COVID-19, particularly in the retail catalogue and travel sectors."
HP reported strong revenue and profit growth in the first quarter, with net revenue up 7% to $US15.6bn from the prior-year period, driven by demand for notebook computers and consumer printers. “Our Printing business generated revenue of $5 billion and operating profit of $1 billion.” Commercial printer sales remained flat.
The FESPA Australia board has awarded its highest honour - the association's life membership - to past-president Clem Johnson, who began his career in the late ’70s with C&S Designs in Brisbane.
Canon Australia unleashes eight new large format print models with the introduction of the new imagePROGRAF TZ-30000 Series, and a refreshed imagePROGRAF TX Series for the CAD/GIS/AEC & Poster sectors.
SA International (SAi), a leading provider of software solutions for professional signmaking, wide-format digital printing and CAD/CAM machining industries, has announced the availability of certified drivers for the new HP Latex 700 and 800 Latex Printers.
The Australian Sign & Graphics Association (ASGA) has outlined how a Victorian prohibition on high-risk cladding products that came into effect this month will impact the signage industry in the state.