Melbourne, Australia (PRWEB) May 13, 2014
The Correctional and Detention Services industry in Australia aims to provide a safe, secure and humane correctional system that incorporates elements of rehabilitation, education and community protection. The industry includes prison custody, community corrections and other programs for adult offenders; immigration detention centres; and juvenile detention facilities. The majority of revenue is generated by publicly operated and government-funded facilities, with a small but growing share contributed by privately operated companies. Performance is influenced by criminal activity levels; capital expenditure from federal, state and local governments; and overall population trends.
Industry revenue is estimated to increase at an annualised 2.3% over the five years through 2013-14, to reach $4.0 billion. In 2013-14, revenue is forecast to grow by 0.7%, limited by lower levels of criminal activity. In Australia there are currently 148 operational facilities, comprising 127 prisons, 14 juvenile detention centres and seven immigration detention centres. Employment numbers and total wages are projected to increase over the five years through 2013-14, as more educational, vocational and transitional programs are implemented to help offenders integrate back into society. The industry exhibits a high level of market share concentration, with major players Department of Attorney General and Justice NSW, Victorian Department of Justice, Western Australian Department of Corrective Services and the Department of Community Safety dominating the industry landscape.
Over the next five years, the industry's growth is projected to slow. Performance is anticipated to be affected by continued decreases in criminal activity over this period. The privatisation of the industry is expected to increase marginally, with the introduction of more private firms. However, a number of sources argue that private companies value profitability more than prisoner welfare and the safety and security of the community. The role of private companies in the industry is therefore expected to be debated over the next five years. Immigration detention centres are funded by the Federal Government and appropriation levels are determined based on the government's legislation and policy. It is therefore difficult to forecast performance of this service segment, but immigration services are expected to remain a key part of the Correctional and Detention Services industry over the next five years.
For more information, visit IBISWorld’s Correctional and Detention Services report in Australia industry page.
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IBISWorld industry Report Key Topics
The industry consists of companies that are primarily engaged in managing and operating correctional institutions and detention centres. Facilities include prisons and remand, juvenile detention and immigration detention centres. This industry does not include police services.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Technology & Systems
Regulation & Policy
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