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Public Administration, Defence and Social Security in Australia: ISIC 75

Australia public administration market forecast to report 5% annual growth during 2013 to 2018


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2014-04-02 06:51:01 - Public Administration, Defence and Social Security in Australia: ISIC 75 - a new market research report on companiesandmarkets.com

Market sales up 39% from 2007, though demand stagnates in 2009. Involvement of businesses in public administration market strengthens; 11% of total market value paid by commercial clients. Administration of central, regional and local bodies accounts for 74% of total turnover; up by over five percentage points from 2007.

Payments to B2B suppliers overtake labour expenditure as major cost category; B2B costs account for half of total outlays in 2012. Slightly slower 5% growth annually projected over 2013-2018; administration of central, regional and local bodies´ category to develop fastest over forecast period.

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