Industry consultant’s report
You have noted the following points from the report.
● New commercial espresso machines are being developed that use 30% less energy to run, with an innovative and more efficient heat exchanger.
● Planned changes in trade, where all tariffs on imported goods, including espresso coffee machines, will be removed in line with the government’s free trade policy.
● The development of the home consumer market for consumer espresso machines is experiencing high growth.
● There is a lifestyle trend towards eating out more frequently as the population ages and becomes more affluent.
● A steady population growth rate is predicted for Australia, from 22 million in 2010 to 36 million in 2050.
● The prediction of a strengthening Australian dollar against all our major trading partners over the next few years is a concern.
● Higher-than-expected growth in the economy is predicted, as a result of a resources boom.
● A carbon tax has a strong possibility of being introduced on all energy-intensive products used in a commercial enterprise.