Summary
Government Spending in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other. The defense segment includes all military and civil defense spending, foreign military aid, research and development, and other defense related expenditure. The education segment includes all spending on pre-primary, primary, secondary, and tertiary education, as well as education not definable by level, subsidiary services, research and development, and other education related expenditure. The social protection segment includes all spending on sickness and disability, old age, survivors, family and children, unemployment, housing, social exclusion, research and development, and other social protection expenditure. The health segments includes all spending on medical products, appliances, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditure. The other segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, and recreation, culture and religion, and other government expenditure. Any currency conversions used in the creation of this report have been calculated using constant 2017 annual average exchange rates.
- The Australian government spending sector had total revenues of $627.3bn in 2017, representing a compound annual growth rate (CAGR) of 3.7% between 2013 and 2017.
- The social protection segment was the sector's most lucrative in 2017, with total revenues of $363.5bn, equivalent to 57.9% of the sector's overall value.
- The majority of social spending goes to funding pensions, and with an aging population, Australia is expected to remain focused on social spending for the foreseeable future.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Australia
- Leading company profiles reveal details of key government spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia government spending market with five year forecasts
Reasons to buy
- What was the size of the Australia government spending market by value in 2017?
- What will be the size of the Australia government spending market in 2022?
- What factors are affecting the strength of competition in the Australia government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's government spending market?
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Table of Contents
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market Segmentation 10
Category segmentation 10
Geography segmentation 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 17
Degree of rivalry 18
Leading Companies 19
ASC Pty Ltd 19
Decmil Group Limited 22
Defence Housing Australia 25
Rheinmetall AG 28
Macroeconomic Indicators 31
Country data 31
Methodology 33
Industry associations 34
Related MarketLine research 34
Appendix 35
About MarketLine 35
List of Tables
Table 1: Australia government spending sector value: $ billion, 2013–17
Table 2: Australia government spending sector category segmentation: $ billion, 2017
Table 3: Australia government spending sector geography segmentation: $ billion, 2017
Table 4: Australia government spending sector value forecast: $ billion, 2017–22
Table 5: ASC Pty Ltd: key facts
Table 6: ASC Pty Ltd: key financials ($)
Table 7: ASC Pty Ltd: key financials (A$)
Table 8: ASC Pty Ltd: key financial ratios
Table 9: Decmil Group Limited: key facts
Table 10: Decmil Group Limited: key financials ($)
Table 11: Decmil Group Limited: key financials (A$)
Table 12: Decmil Group Limited: key financial ratios
Table 13: Defence Housing Australia: key facts
Table 14: Defence Housing Australia: key financials ($)
Table 15: Defence Housing Australia: key financials (A$)
Table 16: Defence Housing Australia: key financial ratios
Table 17: Rheinmetall AG: key facts
Table 18: Rheinmetall AG: key financials ($)
Table 19: Rheinmetall AG: key financials (€)
Table 20: Rheinmetall AG: key financial ratios
Table 21: Australia size of population (million), 2013–17
Table 22: Australia gdp (constant 2005 prices, $ billion), 2013–17
Table 23: Australia gdp (current prices, $ billion), 2013–17
Table 24: Australia inflation, 2013–17
Table 25: Australia consumer price index (absolute), 2013–17
Table 26: Australia exchange rate, 2013–17
List of Figures
Figure 1: Australia government spending sector value: $ billion, 2013–17
Figure 2: Australia government spending sector category segmentation: % share, by value, 2017
Figure 3: Australia government spending sector geography segmentation: % share, by value, 2017
Figure 4: Australia government spending sector value forecast: $ billion, 2017–22
Figure 5: Forces driving competition in the government spending sector in Australia, 2017
Figure 6: Drivers of buyer power in the government spending sector in Australia, 2017
Figure 7: Drivers of supplier power in the government spending sector in Australia, 2017
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Australia, 2017
Figure 9: Factors influencing the threat of substitutes in the government spending sector in Australia, 2017
Figure 10: Drivers of degree of rivalry in the government spending sector in Australia, 2017
Figure 11: ASC Pty Ltd: revenues & profitability
Figure 12: ASC Pty Ltd: assets & liabilities
Figure 13: Decmil Group Limited: revenues & profitability
Figure 14: Decmil Group Limited: assets & liabilities
Figure 15: Defence Housing Australia: revenues & profitability
Figure 16: Defence Housing Australia: assets & liabilities
Figure 17: Rheinmetall AG: revenues & profitability
Figure 18: Rheinmetall AG: assets & liabilities
