2017 Café, Restaurant & Catering Industry Snapshot
https://uploads.prod01.sydney.platformos.com/instances/647/assets/modules/homepage/images/blog/cusines1.png?updated=1733904393It's easy to take Café & Restaurants for granted. We don't often think of these Mums & Dads commercial kitchens as a big deal. But you are a big deal. But each & every one of these commercial kitchens plays a major role in Australia Economy. The Numbers don't lie. So thank you for putting your heart & soul into making such as vital contribution to Australian Growth. “There are three kinds of lies: lies, damned lies, and statistics.” British Prime Minister Benjamin Disraeli Make no mistake these numbers tells the real story of how all your hard you guys have worked & the difference it's making. So Just in case, you don't realise how much money all these commercial kitchens pump into our economy. Take a look at these Stats:
Café, Restaurant & Catering Industry Snapshot
Australia's visitor economy is a $113 billion industry, employing close to one million people and supporting 267,000 businesses across metropolitan and regional Australia.... The restaurant, café, and catering sector is the largest contributor to the visitor economy; employing 554,200 people across 35,900 businesses. These businesses are small businesses; with 93 per cent of these organisations employing 19 people or less. ... Employment growth in the hospitality industry is expected to be higher than any other sector; growing at 16.9 per cent or 93,600 jobs... The Café, Restaurant & Catering industry generates $24.3 billion in turnover, of which $15.6 billion is attributed to national Gross Value Added (GVA) and $4.4 billion to tourism GVA... These Stats all come from Restaurant & Catering Australia (R&CA) - Federal Budget 2016-17 Submission to the Australian Government...
2014-15 Key Industry Figures - Accommodation and Food Services
Employment at end June
2013-14 2014-15 2013-14 to 2014-15 914,000 963,000 5.4%
Sales & Service Income
2013-14 2014-15 2013-14 to 2014-15 $91,295m $91,793m 0.5%
Industry Value Added
2013-14 2014-15 2013-14 to 2014-15 $37,038m $38,579m 4.2% 8155.0 - Australian Industry, 2014-15 ABS //www.abs.gov.au/ausstats/[email protected]/PrimaryMainFeatures/8155.0?OpenDocument As of 21 March 2017 we have population of 24,397,351 and on average we eat out 2 to 3 times a week. So that's more than 50 million meals out each week, or 2.5 billion in a year...Eating Out in Australia 2017 Each Australian household spends an average of $94 a week eating out. That's a total of $45 billion a year... Cost of living in Australia is 12.49% higher than in United States (aggregate data for all cities, rent is not taken into account). Rent in Australia is 7.84% higher than in United States...//www.numbeo.com/cost-of-living/country_result.jsp?country=Australia labour costs are at 44.2 per cent, cost of goods sold at 31.2 per cent (for food), 30.6 per cent (for beverage) and occupancy costs at an average of 12.8 per cent (incl. rates and taxes)...Restaurant and Catering Magazine//rca.asn.au/magazine/the-benchmark/ The Restaurant and Catering Magazine found 57.5% of operators don't use an online booking system... The 4 fastest Food Trends to watch out for: Healthy Eating: Seafood: Modern Australia & Asian Cusines Cafes, Restaurants & Takeaway Food and Beverage Services is expected grow by 10.3% over the next 5 years, with revenue increasing from $31.6 billion to $34.8 billion in FY2020-21. Within this industry group Restaurants and Cafes are likely to drive growth, largely due to Australia’s continued and growing love for quality coffee, and quality food. However, Takeaway Food is not likely to perform as well, due to increased focus on health impacting the industry...Food and Beverage Services Industry Report - BankWest
Projected and Actual Industry Group Revenue ($million)
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