1. Inbound Tour Operators in Australia
2024-2025 Revenue Growth: 85.6%
Inbound tour operators primarily arrange and assemble travel packages, combining domestic tourism products like accommodation, transport, scenic tours and meals for overseas travel wholesalers and retailers. Revenue mainly depends on the number of inbound tourists visiting Australia. As such, the COVID-19 pandemic and the Federal Government's inbound travel restrictions slashed tourist numbers from March 2020 to February 2022. Over the five years through 2022-23, industry revenue is expected to tumble at a compound annual rate of 10.9% to $321.1 million. However, this trend includes a significant 260.4% surge in revenue over 2022-23 as Australia's international border reopens and a flood... Learn More
2. Electric Vehicle Wholesaling in Australia
2024-2025 Revenue Growth: 71.8%
See AlsoCanada Vs Australia:Which Country Is Better for Migration? {+Salaries}Popular courses for international students in AustraliaPermanent residency in Australia tougher for int'l students: expertPriority OccupationsThe Electric Vehicle Wholesaling industry has grown rapidly over the past five years. Increased charging infrastructure availability has supported demand, as has an increased range of electric vehicle (EV) models. Rising concern about environmental issues has also assisted the industry, as consumers have sought to lower their environmental footprint. A mostly positive consumer index, which indicates households are optimistic about their financial position and more likely to make expensive purchases, has further supported this trend. Despite these factors, EVs are still unaffordable for many consumers due to their high price point, limiting their consumer market. Additionally, minimal federal and state... Learn More
3. Foreign Currency Exchange Services in Australia
2024-2025 Revenue Growth: 37.0%
Foreign currency exchange services expanded prior to the COVID-19 pandemic as world economies became more interconnected. Prior to the pandemic, the rising volume of people travelling in and out of Australia boosted growth in the volume of foreign currency exchange transactions. Strong growth in the number of international students studying in Australia also contributed to rising industry demand for industry services. Following the outbreak Demand for foreign currency exchange services plummeted dramatically. Associated international travel restrictions evaporated the traditional markets that forex firms rely upon for income. Consequently, industry revenue is expected to fall at an annualised 20.1% over the... Learn More
4. Employers' Liability Insurance in Australia
2024-2025 Revenue Growth: 31.2%
The Employers' Liability Insurance industry's primary role is to support employees recovering from workplace incidents by organising compensation and medical benefits. The largest employers' liability insurers are the statutory authorities of the state governments. Employers' liability insurance is mandatory for many businesses. As a result, premium revenue is affected by the number of employees in the labour force and is linked to employees' remuneration. While this premium revenue stream tends to be consistent and predictable, investment income is a heavily volatile stream. In normal operating conditions, investment income can contribute up to 20% of industry revenue and, in some instances,... Learn More
5. Artificial Intelligence in Australia
2024-2025 Revenue Growth: 27.3%
The industry has seen surging growth in recent years. Part of this has been driven by strong AI investments in the mid to late 2010s, which saw a raft of new companies enter the industry. Many of these companies have now entered commerciality and begun generating meaningful revenue. Also, the industry has been supported by ChatGPT's public release, which pushed AI capabilities into the public consciousness and encouraged companies to actively explore how they can increasingly integrate AI into their operations. Overall, industry revenue is expected to grow an annualised 14.1% over the five years through 2023-24, to reach $2.5... Learn More
6. Self-Managed Superannuation Funds in Australia
2024-2025 Revenue Growth: 23.6%
The Self-Managed Superannuation Funds industry's assets have continued growing in recent years. Industry assets have increased by an annualised 2.6% over the five years through 2022-23, to $899.5 billion. Revenue has inched upwards at an annualised 0.5% over the same period, to $58.9 billion. Like other superannuation funds, SMSF revenue is highly volatile as it's made up of investment income and SMSFs are highly exposed to equity markets. Significant volatility in domestic and international sharemarkets throughout the COVID-19 pandemic and more recent inflationary pressures have highlighted this variability. Revenue has surged by 255.7%, back to a positive value in 2022-23,... Learn More
7. Reverse Mortgage Providers in Australia
2024-2025 Revenue Growth: 22.0%
Operators in the Reverse Mortgage Providers industry have faced difficult conditions over the past five years. While many players resumed issuing new reverse mortgages at the start of the period, some have ceased new lending or have exited the industry over the past five years. Due to government-backed competition and economic uncertainty for lenders throughout the COVID-19 pandemic, industry revenue is anticipated to decline at an annualised 0.4% over the five years through 2021-22, to $271.0 million. Revenue is expected to increase by 4.7% in the current year, due to the economic recovery following the COVID-19 pandemic. Currently, industry services... Learn More
8. Rice Growing in Australia
2024-2025 Revenue Growth: 21.7%
The amount of water farmers in the Rice Growing industry can access influences production, as rice is a water-intensive crop. Therefore, the level of annual rainfall and water availability are key determinants of industry performance. Rice growers' reliance on rainfall is reflected in the industry's performance over the two years through 2019-20. Industry output and revenue were negligible over this period, as severe drought in the Murray-Darling Basin (the Basin), which hosts most industry establishments, forced many farmers to grow other crops. This decline was followed by a sharp revenue increase over the three years through 2022-23, when above-average rainfall... Learn More
9. Online Travel Bookings in Australia
2024-2025 Revenue Growth: 21.2%
The Online Travel Bookings industry is on the road to recovery, following the pandemic downturn. In 2019-20 and 2020-21, demand collapsed as federal and state governments imposed heavy travel restrictions. From March 2020 to February 2022 Australia's international border was closed and the number of international visitors to Australia plummeted. To generate revenue, online travel booking providers were forced to rely on the domestic tourist market, but state border closures and intermittent lockdowns heavily disrupted revenue from domestic travellers. Industry-wide revenue and profitability fell sharply. As restrictions were lifted in 2021-22, these trends reversed. Overall, revenue is anticipated to fall... Learn More
10. Motor Vehicle Dealers in Australia
2024-2025 Revenue Growth: 18.7%
Motor vehicle dealers have faced difficult trading conditions over the past five years. Weaker demand stemming from uncertain economic conditions, tighter lending restrictions and weak wage growth has negatively affected dealers. The COVID-19 pandemic exacerbated this trend, as lockdowns and social distancing greatly restricted industry demand and supply. Overall, revenue has grown at an annualised 0.2% over the five years through 2022-23, to $64.7 billion. This includes a rise of 17.1% in 2022-23 alone, as consumers catch up on purchases that were delayed by the pandemic and the industry sees increased pricing after more than two decades of declines. Increased... Learn More
