Top 7 Day Print Industry News Clicks
The biggest story in print in the past seven days was the Print21 budget story, which reported on the extraordinary measures treasurer Josh Frydenberg is taking to pull the country out of the Covid recession.
For printers, this means no limit to the instant asset write-off, the ability to carry-back losses from last year, this year and next year, having half of any apprentices wages paid by the state, $200 a week subsidy for new young workers, and a cutting of red tape for small businesses.
The number-two story in number of clicks was the Print21 industry reaction, which saw industry leaders give their view on the budget. Reactions were mixed from those hailing it as fantastic for the training, the carry-backs and the asset write-offs, to those who saw it as a missed opportunity for insolvency clarity and Australia first procurement.
Coming in at number three this week was the Print21 report on the biggest press investment made anywhere this year, which was online giant Amazon ordering $400m worth of Kornit digital direct-to-garment printers. The deal is over the next five years and includes $250m worth of current printers and inks, and $150m for kit not yet launched.