Featured Articles

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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 […]

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    Passenger rail investment gets back on track

    Passenger rail investment gets back on track

    As surging demand for public transport places substantial pressure on existing infrastructure, public transport is set to become a major issue in the upcoming Victorian and New South Wales state elections. Across Australia, public transport infrastructure investment has slowed over the past decade, with political indecision (and more recently, the Federal Government’s reluctance to provide […]

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    Australian online retailers fight back

    Australian online retailers fight back

    The rise of online retailing at the expense of bricks-and-mortar stores has been well documented. Overseas retailers have thus far been the primary beneficiaries of this shift. The strong Australian dollar and significant web presence of companies like ASOS, the Book Depository and Amazon have made online shopping from overseas retailers easy and affordable for […]

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    What is the world coming to?

    What is the world coming to?

    In case some think the world is going to pot, it is well to remember that just 50 years ago in 1964: We didn’t live as long (67 years vs. 78 years for men and 84 for women) We were hung-up and embarrassed by anything to do with sex Domestic violence, rape and paedophilia went […]

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    Who's milking it?

    Who’s milking it?

    IBISWorld discusses the trends that are driving milk production revenue to top $4 billion, including increasing export markets, changing palates and increased health consciousness. Business information analysts at IBISWorld expect milk and milk alternatives, including soy and grain milk, to post healthy annual revenue growth over the next five years to reach $4.2 billion by […]

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    Funding cuts to increase the cost of childcare

    Funding cuts to increase the cost of childcare

    The childcare services industry faces an uncertain future as proposed changes to Federal Government assistance are set to significantly increase childcare costs. Changes include means-testing for childcare assistance payments, a capping of the Child Care Rebate and changes to government funding for preschool education. Should any or all of these changes come to pass, it […]