Featured Articles

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    Depreciating dollar provides a boost to non-mineral exporters

    Depreciating dollar provides a boost to non-mineral exporters

    The Australian economy has remained relatively stable over the past five years, despite the global financial crisis and the ongoing economic turmoil in Europe and the United States. Over this period, the Australian dollar and the trade-weighted index have reached their highest levels in 30 years. Strong mineral demand from China has helped to stabilise […]

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    Consumers shell out for free-range eggs

    Consumers shell out for free-range eggs

    Increasing consumer awareness and concern with product provenance are driving a shift towards free-range eggs, which currently account for over 20% of the 4 billion eggs produced in Australia each year. IBISWorld reveals how operators along the supply chain will take advantage of the trend. The egg farming industry – worth an estimated $659.6 million […]

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    Health: a big and growing industry

    Health: a big and growing industry

    Australians place health high on their priority lists, a pattern common across developed nations where the basic necessities of shelter, food and clothing have long been secured for almost all citizens. Developing economies, let alone the poorest of the 230 nations and sovereign states, are not yet in the position to put health and welfare […]

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    Patent cliff causes headaches for pharmaceutical giants

    Patent cliff causes headaches for pharmaceutical giants

    Pharmaceutical product manufacturers are operating in tumultuous times. The era of blockbuster drugs is coming to an end, and R&D expenditure is stagnating. Between 2011 and 2015, some of the world’s highest selling drugs have lost or are due to lose patent protection. IBISWorld expects industry revenue to contract by an annualised 2.7% in the […]

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    Coffee giant will reattempt to capture unreceptive market

    Coffee giant will reattempt to capture unreceptive market

    Australia’s increasing preference for independent coffee shops and high-quality, niche brews is reflected in the fragmented nature of the industry. In recent years, there has been an explosion in the number of small, boutique coffee houses, particularly in inner-city locations. The coffee business has been booming, with the coffee shops industry posting annualised growth of […]

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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 […]