News.au has published its list of the “most endangered” Australian businesses, which it says is based on an “unprecedented” level of data.
It has also released a detailed analysis of what Australia’s biggest businesses are doing to protect their businesses.
The Australian Competition and Consumer Commission has confirmed that it has been working with News.co.au to help create the list.
News.net.au’s “Most Endangered” list: The list is based purely on information supplied by the companies, who include the ABC, Australian Institute of Marine Science and the ABC itself.
The ABC is not a member of the Australian Bureau of Statistics, and has not received any formal input from the ABS.
The report also reveals the top five Australian businesses most at risk of being destroyed by climate change are: Australian Pet Products Association: In 2020, the association reported that its membership would decline by 50 per cent.
In 2021, it expects its membership to drop by more than 70 per cent, and in 2022 it expects that number to drop to 25 per cent of the industry.
Australian Cancer Society: The group is already at risk because of climate change and has been losing money, according to the report.
Australian Institute for Agricultural and Resource Economics: It has already seen a 75 per cent drop in membership over the past two years.
The group expects a further reduction in membership in 2021.
Australian Human Rights Commission: The commission has reported that membership in the group has declined by more like 25 per to 50 per per cent over the last two years, and by 50 to 100 per cent by 2021.
In 2022, the commission expects the number of members to drop from 40,000 to 15,000.
In 2020 the group reported that it lost $1.3 million, and the report says that the group is “at risk of total and partial collapse”.
The report says there are a number of “high profile” examples of businesses in the top 5 of Australia’s most endangered industries that are already facing significant financial consequences.
Some of those examples include: Australian Automobile Industry: The Automobile Association of Australia has already announced that it is dropping its membership from around 15,400 members to 10,000, with the group expecting to lose about $3 million over the next three years.
Australian Gold Mining: The mining industry’s annual loss to the industry has been around $15 million, the report found.
The company is also at risk as a result of climate changes, and is considering options to cut its membership.
Australian Chemical Industries Association: The association’s annual losses to the group have dropped by $30 million in the last six years.
But the report said the group expects to lose more than $10 million by 2021, with losses projected to reach $60 million.
Australian Gas Industry: Gas industry losses in 2021 have been forecast at $1 billion.
This includes gas-fired electricity generation and natural gas pipelines, and gas-powered power generation, according the report, which said the industry was “at high risk of major structural change”.
The group’s annual costs to the business include a $1 million loss due to the impacts of climate and other changes to the market, as well as other financial consequences that could result from climate change.
Australian Insurance Industry: This industry was hit hard by the Great Depression and has seen its annual losses drop by $3 billion over the period, according News.
The insurer’s annual cost to the insurance industry has also decreased by $10 billion since 2020, and expects to see a drop of $15 billion in 2021 and beyond.
In terms of the top 10 Australian industries, the following are the top ten in the latest report: Australian Coal Mining: Coal mining is expected to be the most impacted industry, as a decline in mining jobs and an increase in the number mining jobs means more people have to move to cities to find work.
Australian Mining & Energy Association: Mining companies will be the biggest losers from climate impacts, the study says, with a loss of $40 million in 2021, a decrease of $100 million in 2022, and a decline of $80 million in 2023.
Australian Sugar Industry: According to the survey, the industry is also expected to see significant financial losses, with an annual loss of about $50 million by 2020, with annual losses expected to increase to $70 million by 2023 and beyond, as mining jobs go overseas.
Australian Wheat Industry: As part of its efforts to reduce the impact of climate on the industry, the Australian Wheat Board is looking to invest $50 billion in new production facilities, the survey found.
Australian Tobacco Industry: Tobacco companies have also warned that climate change could make it more difficult to keep up with the changing climate.
The survey found that in the 2020s, the tobacco industry had a $60 billion loss to its bottom line.
Australian Wine and Spirits Industry: Wine and spirits companies have warned that the global trade of alcohol will become more volatile