Industry Analysis & Industry Trends
The Crisis and Care Accommodation industry caters for some of the most economically vulnerable people in our society and the industry is heavily dependent on funding by government and donations through charitable organisations. Demand for accommodation for disabled people (physical, intellectual and psychiatric disabilities) far exceeds the places available and the supply of accommodation falls mainly to not-for-profit organisations reliant on public funding. From an economic perspective the industry is counter-cyclical, as households are driven to crisis or emergency housing more often during times of economic stress caused by unemployment or low income.
Industry revenue is expected to increase at an annualised 3.0% over the five years through 2012-13, to reach $2.3 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
This industry has a low level of concentration, with the top four players accounting for less than 25% of annual industry revenue.
The industry has a fragmented structure and is dominated by very small scale firms. About 72% of enterprises employ fewer than 20 people (almost 29% have no employees), and about 36% of enterprises generate annual revenue of less than $200,000.
Over the long term about 30 to 40 enterprises maintain operations with over 200 employees. The federal and state governments have privatised numerous residential care services, particularly for the disabled. These are increasingly being awarded to profit-making entities that endeavour to succeed by acquiring substantial market share and wielding economies of scale to minimise costs... purchase to read more