Industry Analysis & Industry Trends
The Mining and Industrial Machinery Wholesaling industry acts as a conduit between manufacturers and final markets for machinery. Industry operators have ties with national and international manufacturers and can fill orders from a wide range of industries, if the demand for machinery is there. The industry's dependence on downstream demand is illustrated by volatility in revenue in the past five years, as the Mining division has played a growing role in industry performance. The industry benefited from surging demand for mining machinery and equipment in some years, but has faced periods of contraction as such capital expenditure was deferred. Overall, industry revenue is expected to decline at a compound annual rate of 4.1% in the five years through 2014-15... purchase to read more
Industry Report - Industry Locations Chapter
New South Wales and Victoria together account for 52.8% of industry establishments. The relative dominance of New South Wales and Victoria reflects a large share of industrial activity and population in these areas. There is also a tendency for multinational companies to be located in main business hubs of Sydney and Melbourne. This positions industry operators close to skilled labour forces, suppliers and customers helps minimise labour shortages, down time and transport costs, and maximise customer contact and service.
During the past five years, IBISWorld estimates that Queensland's share of national industry establishments amounted to 20.7%... purchase to read more