This dataset provides values for LIVING WAGE FAMILY reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The number of employed people in Australia amounted to approximately 14.37 million people in 2024. Between 1980 and 2024, the number rose by around 8.08 million people, though the increase followed an uneven trajectory rather than a consistent upward trend. From 2024 to 2026, the number will increase by about 470 thousand people.The indicator describes the number of employed people. This refers to persons who during a pre-defined period, either: a) performed wage or salary work, b) held a formal attachment to their job (even if not currently working), (c) performed for-profit work for personal or family gain , (d) were with an enterprise although temporarily not at work for any specific reason.

Shifting social trends have significantly influenced the Restaurants industry's performance over recent years. Consumers' busy lifestyles and high workloads have bolstered demand for restaurant meals and takeaway. Restaurants allow consumers to combine dining with leisure and avoid spending time on food preparation. Rising demand for food delivery platforms like Uber Eats has also supported industry revenue, allowing time-poor consumers to purchase home-delivered, restaurant-quality food. A fall in discretionary incomes and recent cost-of-living pressures have restricted patronage for restaurants, as consumers have become more concerned about the costs of dining out. Industry businesses are also finding it extremely difficult to deal with elevated operational costs, including high input, wage and energy expenses. Labour shortages have also been extreme in the industry, with restaurants facing major retention gaps. These factors, along with intense competitive pressures, have curbed the industry’s profitability growth and forced businesses to exit the industry over the two years through 2024-25. Nonetheless, the total number of enterprises in the industry has increased over the past five years as dynamic consumer preferences have created several niches for restaurants to cater to. Overall, industry revenue is anticipated to have soared at an annualised 6.6% over the five years through 2024-25 to $24.1 billion. This includes an expected 2.2% dip in 2024-25. Looking ahead, improving consumer confidence and expanding discretionary incomes are set to support industry revenue. Reeling from the economic challenges of the previous five-year period, restaurants are anticipated to diversify their revenue streams by expanding their service offerings to include merchandise and live events. Restaurants are forecast to focus on improving operational efficiencies to limit costs and boost profitability. There will also be a focus on sustainability efforts as Australian consumers become more discerning about their environmental choices. Overall, industry revenue is projected to climb an annualised 1.0% over the five years through 2029-30 to total $25.5 billion.

The Tourism industry in Australia is well-developed and a critical contributor to national employment and GDP. Industry revenue consists of international and domestic expenditure on an array of tourism-related products and services. The industry faced an extreme downturn in 2019-20 and 2020-21 due to the pandemic, severely impacting both international and domestic tourism. Government restrictions led to a drop in revenue and employment. However, government assistance, such as wage subsidies, mitigated some effects of this demand collapse, aiding in maintaining enterprise, establishment and employment figures. In 2022, the industry rebounded rapidly following the easing of restrictions. Both domestic and international travel surged, leading to double-digit growth rates in revenue and stronger pricing power for airlines and hospitality businesses. State governments helped revive the industry by extending stimulus packages, which resulted in the re-establishment of healthy industrywide profit margins in 2022-23. Between 2021-22 and 2023-24, relative growth in spending by business and government travellers outpaced the increase from domestic leisure travellers. Factors like high inflation, increased airfares and financial pressure on households slowed the growth of domestic leisure travel. However, less price-sensitive business and government travellers remained largely unaffected. International tourism has also significantly increased since 2021-22. However, growth has stalled since 2023-24, as international traveller inflows have approached pre-pandemic benchmarks. The demand for luxury tourism has surged, supporting industry profitability. However, increased competition and slowing revenue growth in 2024-25 have led to a slight contraction in profitability, a trend that will continue into the following years. Despite the turbulent period, the strong recovery in demand in recent years has contributed to an estimated annualised hike in revenue of 5.0% over the five years through 2024-25. With demand approaching pre-pandemic levels, growth has started to taper, with revenue edging up by an expected 0.8% in the current year, to reach $200.5 billion. The outlook for tourism is promising. International tourism is set to strengthen beyond pre-pandemic levels, while substantial investment in the growing luxury tourist economy will bring more wealthy tourists to Australian shores. Cost-of-living pressures that have affected local households will ease over the coming years. At the same time, the accessibility of price comparison tools from online booking services will promote lower prices for domestic consumers, bolstering domestic tourism numbers. Overall, industry revenue is forecast to expand at an annualised rate of 2.3% through 2029-30, to $224.9 billion.