The five most profitable industries in Australia
Administrative and support services have topped the list as Australia's most profitable industry, coming in above the mining, trade and hospitality sectors.
In the five-year period leading up to 2014, administrative and support services in Australia saw more than a 15% return on shareholder funds after tax (ROSF), according to research by IBIS World.
The figures are part of a report that measures the growth of the country's largest 2,000 companies every two years. Businesses with a negative reported ROSF performance are removed from the data in order to carry out a weighted analysis of the top-performing industries and determine sectoral trends.
Mining was identified as the second most profitable industry with a 14.6% ROSF, though the data is affected by junior companies having much lower returns. The retail trade and hospitality sectors also saw post-tax rates of ROSF that exceeded 10%, well above the national average of 6.3%.
Administrative and support services also came top in a further analysis of the top 100 companies included in the research. In this breakdown, businesses in the sector reported an average ROSF of over 80%.