Industry Analysis & Industry Trends
The Police and Firefighting Services industry includes public order, safety and emergency services provided by police and firefighting organisations. The police force is unique in its characteristics and structure, given that it provides a general service of protection to the entire community. Each state and territory is predominantly responsible for the operation of its own police service. The Federal Government is responsible for the Australian Federal Police, which polices national laws and provides community policing services in the Australian Capital Territory. The role of firefighting organisations includes responding to fires, investigating fires, developing safety codes, providing road accident rescue, managing hazardous materials and educating people about fire safety... purchase to read more
Industry Report - Industry Investment Chapter
Capital intensity in the industry is low due to the high level of labour costs compared with capital costs. Using wage and depreciation data for 2013-14 from the industry cost structure, IBISWorld estimates that for every dollar of capital expended in the industry, approximately $15.16 is required for labour inputs. Labour costs are high because labour is required in case of emergencies, with the jobs workers carry out not being able to be done by machines. In addition, staff need high levels of training to be able to respond to emergencies.
However, in the past few years, several states have implemented improved dispatch and processing systems that reduced the administrative tasks undertaken by fire brigades... purchase to read more