Featured Articles

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    We always need innovation, but what, where and how?

    We always need innovation, but what, where and how?

    Nations need innovation to grow, improve efficiency, and raise their standard of living and happiness. But innovation is a catch-all term with many facets. We often think of innovation as being research and development (R&D) based, and in goods industries such as manufacturing, mining and agriculture. This is misleading. Most innovation is not necessarily a […]

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    Blue and white runners on a beach

    Right foot forward: Niche markets expected to allow expansion for footwear retailers

    Australian footwear retailers have battled through difficult operating conditions over the past five years. Subdued consumer sentiment and restrained discretionary spending have limited growth among retailers. As a result, IBISWorld expects the footwear retailing industry to contract by 1.2% annualised over the five years through 2015-16. Despite difficult trading conditions, some retailers have implemented successful […]

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    IBISWorld reveals the industries set to fly and fall in 2015-16

    As Australian companies usher in the new year, business information analysts at IBISWorld reveal the five industries expected to soar and the five expected to sink. The cotton growing industry is in for a bumper year in 2016, expecting rapid growth of 19.2%, according to analysts at IBISWorld. Other industries set to boom in 2016 […]

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    Outlook 2016

    Outlook 2016

    2016 looks likely to be a better year than the one just closed, partly due to the recent FTA with China and the coming Transpacific Partnership agreement. The low Australian dollar will help, as will continuing low interest rates, and hopefully continued rises in consumer and business confidence. The nation needs a number of reforms […]

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    Health kick: Higher private health cover boosts demand for hospital services

    The ageing population, shifts in government health policies and rising private health insurance are driving the Australian hospital sector’s performance. While demand for general hospitals has surged, demand for psychiatric hospitals has grown at a slower rate. The transfer of government funding towards community-based preventative treatments has offset greater acceptance of mental illness and higher […]

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    Calculator with pencil on top of paper with lists of numbers

    One-stop shop: Traditional accounting firms diversify to gain market share

    Large accounting firms are diversifying their services and becoming one-stop shops that pose a threat to smaller firms in niche markets. As the market for audit services have become increasingly saturated among accounting firms, larger firms such as PricewaterhouseCoopers (PwC) and Deloitte have undertaken aggressive acquisition strategies to provide a range of services beyond traditional […]

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    Miners silhouettes against orange sky

    Oversupply: Black coal mining and mineral exploration constrained by falling commodity prices

    Black coal is Australia’s second-largest export commodity, behind iron ore in terms of export value. In 2015-16, nearly $34 billion of Australian black coal is expected to be exported overseas, primarily to energy-generation and steelmaking markets in Japan, China, South Korea and India. Metallurgical or coking coal is used to manufacture raw steel, while thermal […]

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    Cooked salmon on platter of vegetables

    Soaring seafood consumption fails to deliver significant growth for Australia’s fishing and aquaculture industries

    Australia’s love of seafood is tipped to continue, with business information analysts at IBISWorld forecasting overall seafood consumption to rise by 3.7%, from 19.0 kilograms per capita in 2015-16 to 19.7 kilograms per capita by 2021. However, subdued growth is anticipated for the nation’s fishing and aquaculture industries, with revenue forecast to grow at an […]

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    Australian flag printed thongs on a beach

    Keeping cool: Competition heats up for ice cream manufacturers, driving premiumisation

    Ice-cream manufacturing is a competitive business. The growth in popularity of premium ice-cream, combined with the growing number of health conscious consumers has contributed to a surge in the number of ice-cream manufacturers keen to play in this market, including Unilever Australia (Holdings) Pty Ltd and Norco Co-operative Limited. Premium ice-cream and gourmet gelato products […]

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    Bottles of milk with blue caps

    IBISWorld reveals Australia’s top 100 food and beverage companies

      IBISWorld has released its annual list of the Top 100 food and beverage companies in Australia for publication in the December edition of Food & Drink Business. The list offers detailed insight into the largest companies in two of the nation’s most diverse subdivisions. The largest 100 food and beverage companies in Australia generate […]