Featured Articles

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    Flowers and gift with Mothers day card

    Pamper pack: Australians spoil mum with premium products and experiences

    Improving consumer sentiment and higher discretionary income drove Australians to spend more on unique, personalised gifts for mum this Mother’s Day. The cross-industry trend towards niche, high-quality products is evident in the spending breakdown, which sees eating out increasing in popularity and massages and artisanal consumables maintaining steady shares. The traditional gifts of the past […]

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    On fertile ground: Industries benefiting from the coming baby boom

    On fertile ground: Industries benefiting from the coming baby boom

    With Australia’s birth rate set to rise by 6.4% over the next five years, business information analysts at IBISWorld reveal the industries expected to benefit from a mini baby boom. Over the next five years, a wide range of Australian industries are set to grow by between 3.0% and 36.2% as a result of a […]

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    Caravan

    Great outdoors: Domestic tourism will focus on camping and caravanning

    Stronger interest in international travel and an ageing population are changing the growth prospects of domestic tourism. Australians are expected to continue travelling abroad despite the weaker dollar, and the number of international trips taken by Australian residents is forecast to grow strongly over the next five years. Domestic trips, on the other hand, are […]

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    The 2015 Taxation Inquiry

    The 2015 Taxation Inquiry

    Governments have lots of inquiries: they sound good, are a good distraction, take a long time, and are rarely acted upon. The current government has continued the trend with the Commission of Audit, Workplace Relations Framework (Productivity Commission), Harper Competition Policy Review and others – all headed by eminent chairpersons. And now, a taxation debate […]

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    Hamburgers

    Food fight: Demand for quality food blurs lines between industries

    Australia’s insatiable demand for quality food has blurred the lines between food-services industries over the past five years. Operators across a range of food-services industries have sought to capitalise on trends towards premium dining, disregarding traditional business models. Over the past five years, many fast food operators have sought to expand their range of restaurant-quality […]

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    Fruit and vegetables

    Taking cover: Private equity firms show interest in Australian vegetable growers

    The under-cover vegetable growing industry has remained sheltered from the erratic weather conditions of the past five years. As a result, international private equity firms have expressed interest in some of Australia’s major horticulture companies. Costa Group’s impending initial public offering (IPO) is the latest example of the trend. Vegetables grown under cover (i.e. in […]

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    Casino card game table

    Australia raises the stakes in the global grab for gambling dollars

    Three new mega-casinos set for launch in next five years Australian casino giants are placing all bets for revenue growth on gamblers from Asia, due to burgeoning wealth in Asian nations and a boom in spending by high-rolling gamblers. Australian casino industry revenue is tipped to grow by 10.3% between 2014-15 and 2019-20, to reach […]

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    Chinese flag

    Urbanisation spurs demand for Chinese cinema

    The cinema and movie production industries in China are benefiting from urbanisation and the rapid shifts in consumption trends that have come with the population’s continued migration from country to city. While rising urbanisation has spurred strong demand for construction and real estate services through the construction of housing and commercial hubs, city living has […]

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    Australian SMEs hold their own in times of consolidation

    Australian SMEs hold their own in times of consolidation

    IBISWorld examines the industries dominated by small and medium-sized enterprises. Size matters – and in business, scale matters. Scale often brings lower overheads and reduces the cost of production, which allows firms to improve their profit margins and expand operations. Although this is often a recipe for success, some businesses tend to flourish with smaller […]

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    Privatisation: What’s all the fuss about?

    Privatisation: What’s all the fuss about?

    Privatisation has been a bête noire for many voters and the Labor Party in recent times, particularly at state elections, including the dramatic Queensland election earlier this year. This seems odd given that over the past few decades, governments at federal, state and local levels have sold around $200 billion (in today’s money terms) in […]