Industry Analysis & Industry Trends
Representative groups for individual professions are a well-established feature of the Australian business landscape, as they provide many crucial services to members. Improved services have led to a steady increase in membership levels over the past decade and hence solid revenue growth. Even the 2008-09 economic slowdown did little to dull the industry's good fortune. Rapidly improving communications technology - particularly the internet - has led to an influx of smaller firms entering the industry. Most large organisations emerged from the economic slowdown relatively unscathed; however, some associations with ties to dying industries have faced serious difficulties since 2008 due to dwindling membership and funding... purchase to read more
Industry Report - Industry Key Buyers Chapter
There are a large number of small representative associations in the industry and many only employ a few staff. Over the next five years, industry associations will remain small, and new entrants will seek to exploit niche markets; smaller associations can meet specific members' needs and provide members with a greater chance of leadership and participation opportunities. There has been some consolidation of employer associations over the last five years. The Australian Industry Group, for example, has brought a number of associations under its widening banner and now lobbies on behalf of an increasing number of industries.
Professional associations - such as those that represent major professions - tend to be well established and new associations do not grow as quickly... purchase to read more