Resources Bar
Environment

Economic

Economic commentry
For update economic information and trends at relative ease and low expense, the economic commentators in media certainly give a good basic understanding. Most banks also provide their own weekly commentary on the economy, employment and the impact of the goings on globally that effect the economy.

The Australian Bureau of Statistics (ABS) has economic data on:

• business expectations & performance
• economic growth
• foreign investment, debt and trade
• government administration
• input-output tables
• labour
• national income
• national wealth and saving
• personal and household finances
• prices
• productivity
• small business

Most of this information is updated monthly although some information is sourced from the Australian Census which is held only once every 4 years.

Ibisworld's annual reports provide detailed trends, risk, regulation control and change, and market maturity.

Industry Specific
Industry bodies such as the Australian Wine and Brandy Corporation (AWBC), Australian Associated Brewers (AAB), Wine Australia, Distilled Spirits Industry Council of Australia Inc (DSICA) and Liquor Marketers Association (LMA) are good sources for industry specific economic information. For example, the AWBC provided information about the impact on grape prices by the recent wine glut. JustDrinks.com and Winespectator.com are two websites that provide daily news on a local/global basis.

Demographic

There are many sources for demographic information. The Australian Bureau of Statistics (ABS) is best place to look for general information. However, a lot of the data is generated by the Australian Census which is held only one every 4 years. It provides the following information:

• economic
• environment & sustainability
• industry (including agriculture, finance, hospitality, retail and small business)
• demographic specific information (population/people) which includes culture and leisure, housing, labour, personal and household finances and population characteristics.

Roy Morgan, ACNielsen, Emerson & Hughes, Clutch and other market research companies also provide demographic information.

Liquor Licensing

Liquor licensing is administered by the state governments. Types of licences and laws around these licences can be quite different from state to state. Local bylaws can also have an influence over liquor licensing. Typically there are the following types of licences: general licence (licences to sell alcohol for consumption on and off the premise), on premise, off premise, restaurant, special licences (such as for an event) and club. They all have limiting factors such as trading hours and number of patrons.

Liquor licensing laws can be found on the state government websites. You can also find licence specific information such as licence type and trading conditions on these websites.