Australia Q3 Gross Company Profits 2014

Quick industry-specific look at Australian gross company profits for the past year. Financials leading the pack, up a whopping 98.9% on the back of lower interest rates and a lack of substantial insurance payouts, while mining, reflecting the slowdown in China and lower commodity prices, is the laggard at -15%. Elsewhere real estate and construction recorded growth of 13.2% and 12.3%, unsurprising given recent activity in the housing market, while retail, the largest employer in the country, logged a measly increase of 0.01%.$File/56760_sep%202014.pdf


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