Industry Analysis & Industry Trends
The Office Administrative Services industry has performed modestly over the past five years, being subject to the vagaries of business sentiment but benefiting from the increased trend towards outsourcing. The industry's largest sources of revenue, the payroll and bookkeeping segments have been the primary beneficiaries of the outsourcing boom that has largely been responsible for growth over the past five years.
The industry is heavily dependent on business sentiment and spending as it determines the extent to which organisations choose to externalise their non-core activities to a specialist service provider... purchase to read more
Industry Report - Industry Investment Chapter
The level of capital intensity in the Office Administrative Services industry is low, with the majority of costs being related to labour. In 2012-13, the capital to labour ratio is estimated to be 1:22.8, suggesting that industry operators require $22.80 worth of labour for every $1.00 worth of capital invested. The only capital requirements necessary are for computers and office equipment such as photocopiers, fax machines and telephone lines. Skilled employees perform most of the industry's functions and are critical to the efficient implementation of services... purchase to read more