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Education in Australia

IBISWorld
March 24, 2004
36 Pages - Pub ID: IBSS1025599
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Countries covered: Australia

Education in Australia

 
Education is one of 17 divisions that comprise the Australian economy. This division is primarily concerned with the provision of education services from preschool through to postgraduate and vocational courses. Consumers are primarily the key users of educational services, choosing between private and public providers. A smaller share of educational services is also consumed by the export markets (i.e. international students). Operators which primarily undertake scientific research, provide childcare services, provide training in sport, etc or provide student accommodation are however excluded from this division. ANZSIC definition: This Division includes all units mainly engaged in providing education.

The Industry N - Education in Australia ranks 18 out of 496 by industry turnover and its life cycle is in a mature phase, which means that the industry is generally growing at at the same rate as the economy.

Capital/labour intensity is low and the uptake of new technology is medium. The industry's globalisation level is low and the trend is increasing.

The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.

The trend for exports is increasing and for imports it's steady. The level of regulation is heavy and increasing and government assistance is high and steady.

This industry is forecast to have a moderate average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!

Related Reports:
Vocational schools, misc.: Metro Industry Market Evaluator
Schools and educational services, misc.: Metro Industry Market Evaluator
Vocational schools, misc.: State Industry Market Evaluator
Schools and educational services, misc.: State Industry Market Evaluator
Vocational schools, misc.: Industry Cluster Report
Schools and educational services, misc.: Industry Cluster Report
Private Schools in Australia - Industry Risk Rating Report
Government Schools in Australia - Industry Risk Rating Report
Language and Other Education in Australia - Industry Risk Rating Report
Technical & Trade Schools in the US - Industry Risk Rating Report

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