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  • Industry benchmarks


    Industry benchmarks chapter


    Industry benchmarks detailed tables


    Taxation statistics


    The industry benchmarks, in the form of financial ratios and activity statement ratios, help tax advisers identify averages for groups of activities, and businesses that vary significantly from those averages. Tax advisers can use this information to determine the reasons for any variation and identify action that should be taken to correct problems and improve business practices - in particular, those related to record keeping.

    For each industry division, group or class, two sets of ratios are produced. The first set includes all entities, providing a benchmark figure for an entire business activity/industry division, group or class. The second set excludes businesses that return a loss, providing an industry average for 'profitable' businesses only.

    Industry divisions, groups and classes are listed in the ATO publication Business industry codes 2011. These codes are based on the ANZSIC 2006 industry structure. Financial ratio tables are divided into three parts:

    Part A broad industry divisions

    Part B fine industry groups

    Part C fine industry classes

    Activity statement ratios tables are divided into industry groups and classes.

    Some tables are also divided by business status - that is, commenced business (businesses that just started) and established business.

    The business community and business owners generally use benchmarks to compare the performance of their business with industry averages.

      Last modified: 03 Mar 2014QC 33846