A Glimpse at Australia’s 2011 Book Market

In Global Trade Talk by Hannah Johnson

Booksellers New Zealand has published a brief report on the 2011 Australian book industry that details some of the major developments, particularly in bookselling.

Australia’s book industry weathered some major disruptions in 2011, most importantly the closure of REDgroup-owned bookstore chains, Angus & Robertson and Borders. The report says that 130 bookstores closed, leading to a 20% loss of retail space.

Overall, the Australian book market was down 12.5% in 2011 as compared to 2010.

But there was a bright side for independent bookstores. Australian Bookseller Association CEO, Joel Becker, said some bookstores reported 10-30% sales increase over the holiday period.

Also in 2011, the Book Industry Study Group (BISG) made recommendations to the Australian government on how to deal with inequities in the industry. BISG recommended “a shorter time allowed for publishers to make new titles available on the Australian market following their launch in other markets before parallel importing is legal.” They also argued for a supply chain that would enable Australian booksellers to compete internationally, and for government assistance to booksellers in the amount of $5 million.

Read the full article here.

About the Author

Hannah Johnson

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Hannah Johnson is the publisher of international book industry magazine Publishing Perspectives, which provides daily information and news about book markets around the world. In addition to building partnerships with international cultural and trade organizations, she works with the Frankfurt Book Fair to organize and support a number of its overseas initiatives. Hannah has also worked as the managing editor for an online media company, The Hooch Life, focused on craft distillers and cocktail experts. Prior to that, she worked as a project manager for the Frankfurt Book Fair’s New York office, managing various business and marketing activities.