Print problems pile up for NZ publishers

Print problems pile up for NZ publishers
Ovato stunned publishers in April when it shut its heatset printing operation in NZ. (Image: Getty) due to rising costs. (Image: Getty)
Daniel Dunkley
Last week, Australasian printing giant Ovato announced to the Australian stock market (ASX) that it would enter voluntary administration after struggling with rising costs and “volatile market conditions”. The downfall of the print operator underlines the growing issues facing print companies in NZ following a pandemic-related rise in paper and ink costs, and difficulties securing them from overseas. For NZ publishers of magazines, newspapers, brochures and catalogues, the outlook is challenging.Ovato has appointed FTI as...

More Editor's Picks

Why Savor Group won't sell you lamb cutlets
Markets Small Cap Wrap

Why Savor Group won't sell you lamb cutlets

Plus, its D-day for Tait's Vital takeover, and more.

Expressway bidder faces scrutiny amid Sydney rail allegations
Infrastructure

Expressway bidder faces scrutiny amid Sydney rail allegations

NZTA is monitoring the situation as it assesses a local bid involving Webuild.

Oliver Lewis 11 Sep 2025
ANZ's NZ operation may escape worst of 'Nuno-geddon'
Finance

ANZ's NZ operation may escape worst of 'Nuno-geddon'

ANZ NZ’s performance might be its potential saving grace.

Andy Macdonald 10 Sep 2025
Tariffs tanked markets – NZ Super Fund cashed in
Markets

Tariffs tanked markets – NZ Super Fund cashed in

The Super Fund netted $745 million from active investments. How?