The car rental industry in Australia
What is the Car Rental Industry?
The industry includes car rental companies that also rent out trucks, vans and buses.
The Car Rental industry has grown modestly over the past five years, largely supported by increasing international travel to Australia. Positive business confidence over the five-year period has encouraged corporate travel activity, with many companies expanding their travel budgets. Increased travel throughout Australia has, in turn, supported demand for rental cars.
Industry revenue is expected to increase at an annualised 0.9% over the five years through 2018-19, to $1.3 billion. This performance includes anticipated growth of 0.3% in 2018-19.The Australian dollar's depreciation over the past five years has made international travel to Australia more attractive, resulting in growing demand for industry services.
- Small passenger cars
- Medium and large passenger cars
- Buses and vans
- Long-term car rental
- Short-term car rental
- Truck rental
- Van rental
- Bus rental