The Most Popular Business in Australia, Ranked
Voting rules: Choose the business you think is the most popular!
Updated on May 7, 2024 06:32
For those seeking the cream of the crop in various industries, the importance of a reliable ranking system becomes clear. Such a system provides clarity and insight into the competitive business environment, guiding potential customers and investors towards making informed decisions. Rankings aggregate diverse opinions to identify which establishments truly resonate with the public.
By participating in the voting process, users have the power to influence current standings and help highlight deserving businesses. This dynamic interaction ensures that the rankings reflect real-time preferences and trends, offering an updated snapshot of market leaders. Feedback and engagement from everyday consumers not only enrich this process but also maintain its relevance and accuracy.
What Is the Most Popular Business in Australia?
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177votesRetail trade is the largest industry in Australia, accounting for around 4.4% of GDP. This sector includes businesses such as supermarkets, department stores, and clothing retailers.Retail trade is a sector of the economy that involves the sale of goods and services to consumers. It encompasses a wide range of businesses, including department stores, supermarkets, specialty shops, online retailers, and more. The retail trade industry plays a vital role in the Australian economy by providing employment opportunities and contributing to economic growth.
- Economic contribution: Retail trade is one of the largest industries in Australia, making a significant contribution to the country's GDP.
- Employment: The retail trade sector is a major employer in Australia, providing jobs to a significant portion of the workforce.
- Consumer goods: Retail trade involves the sale of various consumer goods, such as clothing, electronics, furniture, groceries, etc.
- Sales channels: Retail trade encompasses both physical retail stores and online platforms, allowing consumers to purchase goods through various channels.
- Customer interaction: Retail trade relies on effective customer interactions, providing a personalized shopping experience and addressing consumer needs.
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219votesThe health care and social assistance industry is the fastest-growing sector in Australia, and it employs over 1.5 million people. This sector includes businesses such as hospitals, medical clinics, and aged care facilities.The Health care and social assistance industry in Australia primarily provides health care and social assistance services to improve the well-being and quality of life of individuals. It encompasses a wide range of services, including hospitals, medical and dental clinics, residential care facilities, outpatient care centers, and various social assistance programs and services.
- Industry Size: One of the largest industries in Australia
- Employment: Major employer, employing millions of people
- Contribution to the Economy: Significant contributor to GDP
- Service Diversity: Offers a wide range of health care and social assistance services
- Demand: Continuously growing demand for services due to an aging population and increased healthcare awareness
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333votesThe construction industry is a crucial part of the Australian economy, employing around 1.2 million people. This sector includes businesses such as builders, tradespeople, and architects.Construction is a thriving industry in British Columbia, encompassing the creation, renovation, and maintenance of buildings, infrastructure, and other structures. It plays a crucial role in shaping the physical environment and supporting economic growth in the province.
- Employment Opportunities: Provides numerous job opportunities for skilled tradespeople, architects, engineers, project managers, and various administrative and support roles.
- Economic Impact: Significantly contributes to the provincial economy through the generation of revenue, job creation, and supporting related industries.
- Infrastructure Development: Involved in the construction of residential, commercial, and industrial buildings, as well as the development of transportation networks, utilities, and public spaces.
- Skills and Expertise: Requires a diverse set of skills and expertise, including carpentry, electrical work, plumbing, concrete forming, architectural design, project management, and more.
- Regulations and Safety: Subject to strict building codes, regulations, and safety standards to ensure the quality, durability, and safety of constructed structures.
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414votesThis sector includes businesses such as lawyers, accountants, and IT professionals, and it employs around 1.1 million people.The professional, scientific, and technical services sector in Australia encompasses a wide range of professional services that involve specialized knowledge and expertise. It includes businesses and professionals providing legal services, accounting services, architectural and engineering services, computer systems design and development, scientific research and development, technical consulting, and other technical services.
- Contribution to the economy: Significant contribution to Australia's GDP and employment
- Diverse range of services: Encompasses various specialized fields and disciplines
- Highly skilled workforce: Requires extensive knowledge and expertise
- Client-oriented: Focused on meeting the needs of clients and providing tailored solutions
- Importance in business operations: Essential for supporting other industries through professional services
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57votesThe education and training sector is a significant industry in Australia, with over 1 million people employed in this sector. This sector includes businesses such as universities, schools, and vocational training providers.Education and training is a booming sector in Australia that focuses on providing learning opportunities and skills development for individuals of all ages. It encompasses various educational institutions, vocational training providers, and online platforms. The sector is driven by the increasing importance of education in building a skilled workforce and the desire for continuous learning and professional development.
- Population: Approximately 25 million people
- Academic Institutions: Several reputed universities, colleges, and schools
- Vocational Education and Training (VET): Extensive range of vocational courses and qualifications
- Online Learning: Growing number of e-learning platforms and online courses
- Funding and Grants: Government-funded initiatives to promote education and support institutions
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615votesThe accommodation and food services industry is a vital part of the Australian economy, employing around 900,000 people. This sector includes businesses such as hotels, restaurants, and cafes.The accommodation and food services industry in Australia primarily involves businesses that provide lodging facilities and food services to customers. It includes various sectors such as hotels, motels, resorts, hostels, restaurants, cafes, bars, and takeaway food services.
- Industry Size: Significant contributor to the Australian economy with a wide range of businesses operating in this sector.
- Employment: Provides significant employment opportunities, both full-time and part-time, across various job roles and skill levels.
- Revenue Generation: Generates substantial revenue through accommodation bookings, dining services, and hospitality events.
- Tourism Support: Plays a crucial role in supporting the tourism industry by offering accommodation options and dining experiences to domestic and international visitors.
- Customer Satisfaction: Focuses on providing high-quality services and experiences to customers, aiming to create positive impressions and build customer loyalty.
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73votesThe manufacturing industry is an essential part of the Australian economy, employing around 850,000 people. This sector includes businesses such as food and beverage manufacturers, machinery and equipment manufacturers, and chemical manufacturers.Manufacturing is a major sector in the Australian economy, encompassing the production of various goods through industrial processes. It involves the transformation of raw materials or components into finished products, often using machinery and skilled labor. Manufacturing plays a crucial role in providing jobs, driving innovation, and contributing to the overall economic growth of Australia.
- Contribution to GDP: Around 6% of Australia's GDP
- Employment: Provides jobs for over 850,000 Australians
- Variety of industries: Includes sectors like food processing, automotive, aerospace, pharmaceuticals, machinery, and more.
- Export-oriented: Manufactured goods are significant contributors to Australia's export revenue.
- Technological advancements: Manufacturing in Australia embraces automation, robotics, and digital technologies.
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85votesThe agriculture, forestry, and fishing industry is a significant industry in Australia, employing around 400,000 people. This sector includes businesses such as farmers, forestry workers, and fishers.Agriculture, forestry, and fishing is a significant sector in the Australian economy. It encompasses various activities related to the cultivation of crops, raising of livestock, harvesting of timber, and the commercial harvesting of marine resources. This sector plays a vital role in supplying food, raw materials, and contributing to rural development.
- Contribution to GDP: Approximately 2.3% of Australia's GDP
- Employment: Provides jobs for around 438,000 people
- Crop Production: Major crops include wheat, barley, sugarcane, cotton, fruits, and vegetables
- Livestock: Significant livestock farming of cattle, sheep, poultry, and pigs
- Export: Major exporter of agricultural commodities, including beef, wheat, wool, and dairy products
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92votesThe financial and insurance services sector is an essential part of the Australian economy, employing around 400,000 people. This sector includes businesses such as banks, insurance companies, and financial advisors.Financial and insurance services refer to a sector of the Australian economy that encompasses various activities related to managing money, financial transactions, and risk mitigation. This sector includes banking, insurance, investment, superannuation (pension funds), and other financial services.
- Contribution to GDP: Financial and insurance services account for a significant portion of Australia's GDP.
- Employment: It is a major job provider, employing a considerable number of people in a wide range of positions.
- Regulatory Bodies: This sector is regulated by various government bodies like the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC).
- Banking Institutions: Major banks in Australia, including Commonwealth Bank, Westpac, ANZ, and NAB, operate within this sector.
- Insurance Companies: Prominent insurance providers like Suncorp, QBE Insurance, and Insurance Australia Group (IAG) are a part of this sector.
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104votesThe transport, postal, and warehousing industry is a crucial part of the Australian economy, employing around 550,000 people. This sector includes businesses such as transport companies, courier services, and warehousing and storage providers.The Transport, postal, and warehousing industry in Australia encompasses a wide range of activities related to transportation, postal services, and warehousing logistics. It involves the movement, storage, and delivery of goods, as well as the provision of postal services within the country.
- Industry Size: Contributes around 6% to the Australian GDP
- Employment: One of the largest employing industries in Australia, providing jobs to thousands of people
- Transport Infrastructure: Relies on a well-developed road, rail, air, and maritime network
- Postal Services: Includes the operation and management of postal facilities for domestic and international mail services
- Freight Transport: Involves the movement of goods by land, air, and sea, both nationally and internationally
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Ranking factors for popular business
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RevenueThe total income generated by a business during a specific period, typically annually.
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Number of customersThe number of people who purchase products or services from the business. A higher number of customers indicates greater popularity.
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Market shareThe percentage of the industry's total sales that the business accounts for. A higher market share means the business is more popular within its industry.
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Brand recognition and reputationThe degree to which customers can identify and recall the business's name, products, and services, as well as the public perception of the company.
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Employee satisfactionThe level of happiness and engagement among the business's employees. A popular company likely has satisfied employees, who provide better customer service and contribute to the company's success.
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Online presence and engagementThe visibility of the business on the internet, including their website, social media channels, and online reviews. A popular business usually has a strong online presence and engages with customers through digital channels.
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Customer satisfaction and loyaltyThe level of satisfaction customers have with the products and services offered by the business, and their willingness to continue purchasing from the company and recommend it to others. A popular business usually has high customer satisfaction and loyalty.
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Growth rateThe rate at which the business is expanding or increasing its revenue, customer base, or market share. A popular and successful business often experiences steady growth.
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Awards and recognitionThe accolades and praise a business receives from industry organizations, media, or customers for their products, services, or business practices.
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Presence in the communityThe impact the business has on the local community, such as employment opportunities, philanthropy, or sponsorships. A popular business usually has strong ties to the community and is perceived as a valuable member of the society.
About this ranking
This is a community-based ranking of the most popular business in Australia. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or business is missing, feel free to help improve the ranking!
Statistics
- 1438 views
- 181 votes
- 10 ranked items
Movers & Shakers
Voting Rules
A participant may cast an up or down vote for each business once every 24 hours. The rank of each business is then calculated from the weighted sum of all up and down votes.
More information on most popular business in australia
Australia is known for its vibrant economy and diverse range of businesses. From mining and finance to healthcare and retail, there are countless industries that make up the Australian business landscape. But which ones are the most popular? To answer this question, we analyzed data from our extensive collection of polls and rankings, and found that the most popular business in Australia is the hospitality industry. This includes restaurants, cafes, bars, and hotels, which are all integral to Australia's thriving tourism industry. Other popular businesses include retail, healthcare, finance, and technology. Overall, the Australian business scene is dynamic and ever-changing, with new industries and trends emerging all the time.
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