According to the statistics data from the Australian Bureau of statistics released the latest show, the printing industry business environment in the second quarter of 2012 is still in the doldrums, the industry investment in fixed assets, sales, profit before tax and economic growth rate showed a down trend.
Said the Australian Association of printing system and government affairs director Hageb in the evaluation of the printing industry on the quarter's performance, he is not surprised by the National Bureau of statistics released data. He said: "we in the early two months to make the printing industry will continue to decline, now the statistics from the Department also verifies our conclusion."
The second quarter of 2012, Australian printing industry respectively over the last quarter and the same period last year fell 2% and 13.8%, its biggest decline over the years. In addition, according to Hageb introduction, the total increase in quarter of Australia's printing industry value is the lowest in 18 years. He said: "from the annual gross value added of industry, the printing industry is in recession, the Australian economy has achieved strong growth of 3.8%. Families and the government investment in non residential construction project has made important contributions to the Australian economy growth, but export decline."
In 2012 1 to June, the total amount of investment of the printing industry for $243000000, a 14.1% increase over the same period last year of $213000000, and in the next 12 months, the printing industry also plans to invest $181000000.
The Australian Bureau of statistics data show that, compared with the first quarter of 2012, the printing industry sales in the second quarter fell by 1.9%; while the total sales in 2012 to 1 in June to $7646000000, a decrease of 7.3% over the same period last year of $8246000000, or $600000000. This means that the printing industry to reduce capacity will make 2950 full-time workers losing their jobs. Hageb points out, the printing industry has made in the second quarter sales this year are the lowest since the fourth quarter of 1998.
In pre tax profits, Australia printing industry has achieved in the second quarter of this year's pre tax profits over the previous quarter and same period last year decreased by 37.9% and 64.8%, this is the Australian printing industry pre tax profit of fourth consecutive quarter of decline, and at its lowest level in nearly three years.
Hageb thinks, the printing industry is currently facing serious structural problems. Because from the macro view, Australia's economic growth is very optimistic, which promote the printing industry development in the field, such as wholesale and retail, finance and insurance services, leasing, real estate services, professional services, education and training, health care, public management and security and other fields have achieved good growth. And the printing industry are the main problem is, national economic growth can not be effectively translated into increased sales. In non residential construction project as an example, although it is Australia's economic growth has made great contribution, but did not bring direct benefits to the printing industry.