Government drives market demand, with government spending representing 83.6% of total demand in 2021. Australian Department of Defence is the largest company in Australia, generating 26.1% of the industry’s total production value in 2021. The industry is fragmented, with the top four companies generating 31.5% of total production value in 2021. The total number of companies increases in 2021, to 1,360 units. The costs of the industry increase by 18.8% in 2021, largely driven by rising labour costs. The industry’s profitability decreases and stands at 9.3% of turnover in 2021, the 17th highest across the top 20 developed countries. With turnover of USD136 billion, Australia accounts for 90.0% of the Australasia total in 2021.
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This Euromonitor industrial report provides unique information on Public Administration, Defence and Social Security in Australia: ISIC 75. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Public Administration, Defence and Social Security in Australia: ISIC 75 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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