A team of executives from Fuji Xerox in Japan, including global president and Fujifilm corporate vice-president Hiroshi Kurihara, have arrived in New Zealand to introduce tough new corporate governance measures in the wake of a $450 million “inappropriate accounting” scandal.

Italian holding company De Agostini has purchased a controlling stake in Cartiere Paolo Pigna, the Italian parent company of Rilecart Binding Supplies, after two years of restructuring and negotiations to pull the troubled firm out of its financial difficulties.

Printing Industries has ‘revitalised’ the National Print Awards (NPA) so that the winners of state-based Printing Industries Craftsmanship Awards (PICAs) will qualify as NPA finalists. The move means a revival of the PICAs in New South Wales and Victoria.

As politicians in the paper industry try to protect an outdated existing model, at least six digital press manufacturers are now working on new approaches to deinking to ensure that digital prints are recyclable.

Venerable Sydney folding carton printer Anzpac has been sold to a buyer in Hong Kong after its Malaysian owner decided to offload the business. The deal with the unnamed Hong Kong-based buyer is being finalised, and will see the Smithfield printer remain open under a new name.

Industry analyst Richard Rasmussen says strong client bases can be valuable for business owners looking to sell up, adding that there's 'never going to be a better time' to exit the industry. Ascent Partners' Market Watch has released its 'year that was' report for the financial year.

New Zealand’s Auditor-General has confirmed that a Ministry of Business investigation is underway into government contracts with Fuji Xerox, following the discovery of accounting irregularities in the company’s Australasian subsidiaries that overstated revenues by $450 million.

Sydney-based IVE Group has swiped a key four-year contract from rival PMP to print the entire stable of titles of leading Seven West Media-owned magazine publisher Pacific Magazines. The majority of PacMags titles will transition to IVE in mid-October.

Tickets are on sale for the 10th annual Women in Print (WiP) series for women working in the print media industry. This year's guest speaker is author, actor and online marketing strategist Bernadette Schwerdt.

Australian Catalogue Association CEO Kellie Northwood will be a keynote speaker - "emphasising print’s strengths and environmental credentials" - at this year’s 17th annual Single Width Users’ Group (SWUG) Conference in Auckland.

There’s been a call for an independent inquiry into reports that accounting practices at Australia Post over the past six years made its letters business appear worse than it actually was. “It certainly looks a little dodgy," says one mailing industry veteran.

Following Canon Australia’s splitting of the company into two, Océ has appointed company veteran, Craig Nethercott (pictured) to the role of managing director of Océ in the Oceania region.

Printing Industries has warned that “unsustainable” increases in electricity prices and unreliable supply are “a serious and immediate threat” to the survival of Australian print businesses. The PIAA accuses electricity suppliers of manipulating the market to increase profits.

Corporate watchdog delays its decision on the proposed acquisition of OfficeMax Australia by US-based private equity giant Platinum Equity. The deal would give Platinum two of the three major chains in Australia’s $10 billion-a-year office supplies market.

Fuji Xerox Printers has expanded its distribution partnership with Synnex Australia to include the entire Fuji Xerox print portfolio. Synnex is a leading distributor with national reach, warehousing and logistics.

IVE Group COO Matt Aitken will be the guest speaker at a Lithographic Institute of Australia (LIA) site tour of the Blue Star facilities at Silverwater in Sydney next month.