The path to domestic bliss

Article Abstract:

Australia's household services industry is growing quickly and will eventually outperform tourism as a front-line industry. The household services sector is valued at more than $33 billion, employs 720,000 people, and comprises about 3% of the gross domestic product. The industry is fueled by a market of cash-rich, time-poor, double-income households. Cooking is the biggest outsourced activity, with more than $14 billion spent on meals. Other services, however, such as lawn mowing, house painting, and car washing are all less than 20% outsourced.

PERSONAL SERVICES, Personal and Laundry Services, Social aspects, Statistical Data Included, Management, Economic aspects, Services industry, Service industries, Outsourcing, Households

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Trends: blessed are the risk takers

Article Abstract:

The risk-taking and entrepreneurship skills of Australia are examined. They are compared with those of the other countries.

Asset & Risk Management, Influence, Risk management, Comparative analysis, Entrepreneurship

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