Featured Articles

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    Betting on Brownlow second only to Melbourne Cup, IBISWorld reveals

    Betting on Brownlow second only to Melbourne Cup, IBISWorld reveals

    Industry analysts at IBISWorld have revealed that the horse and sports betting industry is set to cash in on the Brownlow Medal. Betting agencies are gearing up for a spending splurge that is topped only by wagers made during the Melbourne Cup Carnival. “The Brownlow Medal is the most prestigious individual honour in the AFL, […]

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    Australian wine production set to rebound

    Australian wine production set to rebound

    Australia has long produced some of the most renowned wines in the world. However, over the past decade Australia’s wine production industry has faced a host of difficulties, which have led to some substantial revenue declines and a major restructuring of the industry’s operating environment. In the five years through 2014-15, industry revenue is expected […]

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    Early entrants to online publishing still at the top of the industry

    Early entrants to online publishing still at the top of the industry

    Online publishers such as SEEK, Carsales.com and REA Group have a strong hold on the internet publishing and broadcasting industry. The three companies collectively account for almost 65% of the market. REA Group, operator of the Realestate.com.au and Realcommercial.com.au websites, commands almost 32% on its own. The company’s sustainable business model is core to its […]

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    Household finances

    Household finances

    The purpose of an economy is to provide needed or wanted goods and services to a nation’s population. In Australia in 2014, this means 24 million people in 9.3 million households. Only a few centuries ago, most goods and services were produced on a do-it-yourself (DIY) basis within households. But with outsourcing, we have created […]

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    IBISWorld reveals impact of tobacco excise increase on tobacco manufacturing and retail sales

    IBISWorld reveals impact of tobacco excise increase on tobacco manufacturing and retail sales

    The excise on tobacco products is set to rise by 13.7% on 8 September 2014, the largest excise increase since the 28.5% jump in April 2010. After the rise, excise taxes are forecast to account for between 60.0% and 70.0% of the retail price of a pack of cigarettes. Excise increases, in conjunction with decades […]

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    Father's Day spending forecast to soar in 2014   

    Father’s Day spending forecast to soar in 2014  

    IBISWorld reveals that dads have never had it so good, with Australians expected to splurge to the tune of $753.4 million this Father’s Day – a 3.0% increase on 2013  A strong economy, the healthiest consumer sentiment in three years and continuing high incomes are expected to fuel spending this Father’s Day, according to IBISWorld […]

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    Cider’s day in the sun has come

    Cider’s day in the sun has come

    IBISWorld forecasts a 21.5% jump in spending on cider over the next five years.  While Australia’s per capita alcohol consumption is decreasing – with beer drinking falling at the fastest rate – there are still a few sweet spots in the alcohol industry that are set to generate revenue growth. Cider is currently in a […]

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     Bread and cake producers struggle with changing consumer tastes

    Bread and cake producers struggle with changing consumer tastes

    The rise of the supermarket in-store bakery is causing problems for the bread production and cake and pastry manufacturing industries, which are struggling to hold on to market share. Value-conscious customers are gravitating towards the private-label offerings of supermarkets, while consumers concerned with health and quality are increasingly purchasing high-margin products from artisanal bakeries. Mass-producing […]

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    Cyber-security breaches boost demand for IT security services

    Cyber-security breaches boost demand for IT security services

    Australians are increasingly shopping, working and socialising online, which is leading to the digital storage of massive amounts of sensitive financial and personal data. For businesses and individuals, safeguarding this information has become paramount. Increasing day-to-day reliance on computers, explosive growth in online shopping and some recent high-profile security breaches have highlighted the importance of […]

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    Banking in 2014 and beyond

    Banking in 2014 and beyond

    Contactless purchases thrive while traditional forms flounder: IBISWorld reveals a personal banking sector at a crossroads Business information analysts at IBISWorld expect that contactless payment methods will all but replace traditional physical credit and debit card payments by 2020 for transactions under $100. Overall, PIN-only and contactless credit card and debit card purchases are likely […]