Industry Analysis & Industry Trends
Government support for organisations in the Community Associations and Other Interest Groups industry has diminished over the past five years. To make up for this lower funding growth, some industry organisations have sought out revenue streams from alternative sources, such as business partnerships and household donations. Constrained government funding has also led some community organisations to reduce their services and limit expansion, to reduce expenditure.
While revenue in some industry segments has declined over the past five years, the variety of community organisations and interest groups that operate in the industry has helped limit these falls. Some industry segments have expanded, with higher household discretionary income contributing to growth in donations... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, low government funding growth and mixed business confidence have made fundraising more difficult across the Community Associations and Other Interest Groups industry. This has hindered industry revenue growth and limited expansion. Weak membership growth due to competition for people's time and money has also constrained revenue growth. However, consumer sentiment does not always have a significant influence on the membership fees for associations. For example, car owners continue to pay automobile club membership fees year after year regardless of the economic climate. Overall, industry revenue is expected to increase at an annualised 1.2% over the five years through 2016-17, to reach $8.9 billion... purchase to read more