Food industry is growing
Recently, the Federal Department of Industry, Innovation and Science’s Office of the Chief Economist released The Australian Industry Report 2015.
It is an overview of the major economic factors affecting Australia’s industries, and includes an analysis.
There are four chapters based on the following;
- A snapshot of major economic developments affecting the Australian economy over the past year
- A key theme such as structural change (2014 edition) or government regulation (2015 edition) that cuts across Australian industries
- Research and analysis on an industry specific issue such as the five key growth sectors (2014 edition) or enabling services (2015 edition)
- Research based on the department’s programme data.
The 2014 Report
The 2015 Report
http://www.industry.gov.au/Office-of-the-Chief-Economist/Publications/Documents/AIR2015.pdf
According to the 2015 Report, Food and Agriculture has had a 2.2 percent increase in employment.
Accommodation and Food Services has had a 20 percent increase in profitability and expanded by seven percent.