Government drives market demand, with government spending representing 66.5% of total demand in 2023. University Of Melbourne is the largest company in Australia, generating 2.1% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 9.3% of total production value in 2023. The total number of companies increases in 2023, to 33,980 units. The costs of the industry decrease by 1.2% in 2023, largely driven by declining labour costs. The industry’s profitability increases and stands at 5.7% of turnover in 2023, the 17th highest across the top 20 developed countries. With turnover of USD99.3 billion, Australia accounts for 86.4% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Education in Australia: ISIC 80. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Education in Australia: ISIC 80 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of pre-primary and primary education, secondary education, higher education, adult and other education.
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