Printing News
Australia printing wandering troughs

According to Australian printing association issued the latest survey report shows, Australia's printing industry business sentiment index has fallen to the global economic crisis to its lowest level since the outbreak. By seasonal factors influence, printing and related industry business environment appears further deterioration. But since May 1, Australia cut interest rates, the experts say, it helps to promote the growth of the economy of Australia.
Survey shows that 86.7% of people surveyed by the lack of order as enterprise realize the biggest obstacle to growth target, which is more than the 88.9% last year declined slightly. According to Australian association of printing industry policy and government affairs director at hargreaves introduces, many said that his economic enterprise will benefit for some time to come improved. Expected to June 2012, Australia's printing enterprise will appear the following these changes: orders, production, sales and the net profit will be increased; Employment and work overtime level is decreased; Funds available basic unchanged; The labor force can be increased; Sales prices further down; Reduced inventory; The production cost (average wages, other cost of labor and material costs) continue to rise; Outstanding debt number has increased.
In starts, Queensland printing enterprise starts the highest, 62.5% said the enterprise starts were all above 70%. The other is in the west Australia (60.0%), new south wales (54.5%), Victoria (51.9%), south Australia (50.0%) and the tasmanian (40.0%).
Investigation still shows, most areas of the business environment in the next few months will remain the same or has been improved, but the binding, commercial form, stationery, books, magazines, journals, newspapers, paper, sales and labels and other areas of business environment will continue to deteriorate.
On May 1,, the reserve bank of Australia (RBA) announced the interest rate by 50 basis points to 2009, the lowest since December-3.75%, and the decision to Australia printing brings new hope. Hargreaves to bank interest rates down at welcome, he thinks this will help Australia's economic growth.
He said: "according to official statistics data and our own research, printing economic environment has yet to be improved, the reserve bank of Australia's decision to cut interest rates to us very timely."
But hargreaves general also warned that, with interest rates down, Australia's printing will also the risk of recession. He said: "the dollar $early in the bank before the cut interest rates have started to drop....... If foreign exchange trading in the next few months, to continue to decline the printing industry consumables and advanced technology import also can produce certain negative impact."

(Gold Printing Group)
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