Industry Analysis & Industry Trends
Over the past five years, the Software Publishing industry in Australia has had to go through some remodelling. The global financial crisis fostered cautiousness in household and business capital expenditure. Businesses and households prioritised saving over spending due to the general economic conditions. The drop in spending caused a mass exodus of smaller firms from the industry and some downsizing and consolidation at the peak of the crisis.
However, this uncertainty was counterbalanced by the emergence of new technology. Smartphones, tablets and high-speed internet access have led to the development of new software that substantially enhances the use of the new hardware... purchase to read more
Industry Report - Industry Investment Chapter
Software publishing is a labour intensive industry. For every dollar spent on capital, $15.81 is spent on labour. The industry uses a wide array of highly skilled employees and contains hardly any capital expenses. The capital goods required for the industry are mainly office space, computers, and some networking capacity. Otherwise, the only other resource that the industry requires to produce software is time... purchase to read more