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Review on Finance Assignment HelpHowever, the industrys profitability is expected to improve marginally during 2013-14, as enrolment growth strengthens.
Industry revenue is expected to grow at a compound annual rate of 8.5% over the five years through 2018-19 to $8.8 billion. Growth will be supported by the expansion of high-speed internet services, growing acceptance of online education, government financial support for students and efforts to expand access to non-traditional students. The trend for reskilling and lifelong learning will support continued growth in flexible methods of study, including online education. Competition within the industry is also expected to rise as more providers enter the business and existing operators seek to expand their market share in a fragmented market. Industry revenue is forecast to grow 10.4% in 2014-15.
Our remedy offered on the internet are best as opposed to other on the internet preparation company as we have best team of professionals who are very skilled and professional in offering remedy for the task. The rollout of the National Broadband Network (NBN) will not only aid the growth of online education by raising the number of internet connections and increasing the speed of data transfer across Australia, it will incentivise software and program innovation as the market for online education broadens.
The industry is only at the tip of the iceberg. Currently, a significantly large proportion of online education students are located in Australias major cities. The NBN will improve access to education for the estimated 2.5 million people living in outer-regional areas and beyond. Qualifications are increasingly important in todays economy, but for many working adults the prospect of dropping out of the workforce and returning to full-time education is not an attractive option. Working adults are not the only market for online education services. Retiring baby boomers could boost demand for courses taken for leisure, although the groups computer lit
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