Featured Articles

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    Bags packed: The backpacker tax bill is set to reduce visiting workforce numbers

    Bags packed: The backpacker tax bill is set to reduce visiting workforce numbers

    In late 2016, the Federal Government’s backpacker tax bill was passed in the Senate. The bill directly affects working holiday visa holders and is expected to reduce the number of backpackers entering Australia under this visa over the next five years. The bill will likely affect numerous downstream industries, particularly in the agricultural sector. As […]

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    In Search of a More Rational World

    In Search of a More Rational World

    The year 2017 is likely to be the most turbulent since 2009, when the GFC was in full swing; except this time it includes political, racial, religious and terrorist issues more than financial and economic ones. The latter issues have not gone away, either; rather, they have been sublimated by the other issues for the […]

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    High stakes: Meat processors have grown through exports

    High stakes: Meat processors have grown through exports

    Strong demand for Australian beef among emerging export markets has led to many meat processing companies growing in revenue over 2015-16. IBISWorld’s Top 100 Food & Beverage list, in partnership with Food & Drink Business Magazine, shows meat processors have employed differing strategies to benefit from booming international demand. While Teys Australia Pty Limited has […]

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    Flying high or grounded?

    Flying high or grounded?

    New research by IBISWorld suggests that 2017 is likely to be characterised by growth in Road and Bridge Construction, Sugar Manufacturing, Oil and Gas Extraction, Data Storage and Child Care Services. While these industries are preparing for a bumper year, others may have to adjust to new commercial situations or limit their expectations for growth, […]

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    Soaring: Booming Australian tourism is creating a need for investment

    Soaring: Booming Australian tourism is creating a need for investment

    The number of overseas tourists visiting Australia is expected to grow rapidly over the coming decades. Many of these tourists are anticipated to be travelling from Asia, with China likely to overtake New Zealand to become Australia’s number one inbound tourist market in 2016-17. Tourism Research Australia forecasts that Chinese tourists will be spending $20.3 […]

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    Australia in 2017

    Australia in 2017

    Global discombobulation seems to be the order of the day as we face 2017. Some bizarre politics, terrorism, mistruths about free trade and globalisation, digital disruption, polarised incomes and wealth, and more – are all making many of the world’s 7.4 billion people fearful. It was a strange 2016 and there seems to be no […]

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    Good harvest: Free trade agreements boost fruit and vegetable exports

    Good harvest: Free trade agreements boost fruit and vegetable exports

    Australian fresh fruit and vegetable exports have surged since the signing of several free trade agreements (FTAs) in 2014 and 2015. Deals with China, Japan and South Korea have reduced or eliminated tariffs on Australian produce entering these countries. The Japan-Australia Economic Partnership Agreement came into effect in January 2015, immediately eliminating many tariffs on […]

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    The 2016 US Election in Perspective

    The 2016 US Election in Perspective

    The 8 November Election for the US Congress and President came at an interesting point in history. The economy of western countries, led by the US in the 20th century, was overtaken by that of eastern countries in early 2016. The US is in no hurry to hand over the leader’s baton of the west […]

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    Urban myths versus the right information

    Urban myths versus the right information

    American corporates on the NYSE have been the world’s most profitable, on a weighted-average basis, in the post-Industrial Age over the past half century. The average American company’s profitability has been four times the long-term bond rate, which continued through the global financial crisis and beyond. In contrast, Australian companies’ average profitability on the ASX […]

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    Cheap and cheerful:  Festive shoppers seek bargains as spending is tipped to disappoint

    Cheap and cheerful: Festive shoppers seek bargains as spending is tipped to disappoint

    According to IBISWorld, Christmas retail spending is set to remain flat this December, growing by only 0.4% on last year’s sales as consumers tighten their belts. Early indications suggest Australians are becoming more frugal this December, which will be reflected in an increased interest in early sales, deep discounting and bargains. In the lead up […]