B2B drives market demand, with B2B spending representing 88.4% of total demand in 2023. Commonwealth Bank of Australia (CBA) is the largest company in Australia, generating 10.0% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 43.7% of total production value in 2023. The total number of companies increases in 2023, to 128,189 units. The costs of the industry increase by 10.3% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 47.1% of turnover in 2023, the highest across the top 20 developed countries. With turnover of USD217 billion, Australia accounts for 92.6% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Monetary Intermediation in Australia: ISIC 651. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Monetary Intermediation in Australia: ISIC 651 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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