2016-17 KEY INDUSTRY POINTS
The estimates in this publication cover the performance of selected industries compiled from the annual Economic Activity Survey (EAS). For more information about the scope and coverage of EAS please refer to the Explanatory Notes.
- The Mining industry grew strongly across most key data items in 2016-17. In particular, earnings before interest, tax, depreciation and amortisation (EBITDA) grew 38.2% ($23.1b).
- The Agriculture, forestry and fishing industry also showed strong growth, reflected in sales and service income increasing by 8.6% ($7.6b) and EBITDA by 22.9% ($4.4b).
- The Rental, hiring and real estate services industry EBITDA slowed from the previous year's 13.2% ($6.3b) but was still strong at 6.4% ($3.5b), while the Professional, scientific and technical services industry experienced better growth in 2016-17, with EBITDA up 9.1% ($2.3b) in comparison to 0.9% ($238m) in 2015-16.
- In contrast, the Manufacturing industry declined across all key data items, with EBITDA down 3.4% (-$1.2b).
- The 2.1% ($11.4b) growth in wages and salaries for Total selected industries was the lowest in the series since its commencement in 2006-07. The largest contributors to growth in 2016-17 were services industries such as Professional, scientific and technical services, which rose 5.4% ($3.8b) and private sector Health care and social assistance, which rose 5.2% ($2.5b). However, most industries experienced moderate rates of wage growth in the range 0% to 4%, which were partially offset by falls in goods industries such as Mining, which fell 7.9% (-$2.0b) and Manufacturing which fell 0.5% (-$250m).
For more industry level information please see the Industry analysis page in this release.
2016-17 KEY INDUSTRY FIGURES
|
ANZSIC Division | Employment at end June | | Sales and service income | | EBITDA(a) |
| 2015-16 | 2016-17 | 2015-16
to
2016-17 | | 2015-16 | 2016-17 | 2015-16
to
2016-17 | | 2015-16 | 2016-17 | 2015-16
to
2016-17 |
| '000 | '000 | % | | $m | $m | % | | $m | $m | % |
|
A Agriculture | 482 | 485 | 0.6 | | 88 289 | 95 871 | 8.6 | | 19 142 | 23 518 | 22.9 |
B Mining | 163 | 157 | -3.7 | | 189 499 | 214 984 | 13.4 | | 60 531 | 83 637 | 38.2 |
C Manufacturing | 838 | 830 | -1.0 | | 372 681 | 363 969 | -2.3 | | 33 895 | 32 737 | -3.4 |
D Electricity, gas, water and waste services | 104 | 104 | 0.0 | | 118 523 | 126 254 | 6.5 | | 31 646 | 34 166 | 8.0 |
E Construction | 1 053 | 1 066 | 1.2 | | 375 095 | 378 306 | 0.9 | | 42 444 | 42 417 | -0.1 |
F Wholesale trade | 529 | 547 | 3.4 | | 478 790 | 502 434 | 4.9 | | 17 947 | ^18 538 | 3.3 |
G Retail trade | 1 300 | 1 300 | 0.0 | | 406 604 | 417 587 | 2.7 | | 22 243 | 22 986 | 3.3 |
H Accommodation and food services | 979 | 1 008 | 3.0 | | 96 985 | 100 145 | 3.3 | | 10 865 | 9 917 | -8.7 |
I Transport, postal and warehousing | 578 | 586 | 1.4 | | 156 541 | 160 648 | 2.6 | | 30 738 | 31 564 | 2.7 |
J Information media and telecommunications | 170 | 171 | 0.6 | | 78 077 | 79 575 | 1.9 | | 19 738 | 19 062 | -3.4 |
L Rental, hiring and real estate services | 405 | 406 | 0.2 | | 125 747 | 130 513 | 3.8 | | 54 194 | 57 645 | 6.4 |
M Professional, scientific and technical services | 981 | 1 031 | 5.1 | | 197 726 | 210 779 | 6.6 | | 25 645 | 27 980 | 9.1 |
N Administrative and support services | 851 | 881 | 3.5 | | 82 184 | 85 578 | 4.1 | | ^6 496 | 7 230 | 11.3 |
O Public administration and safety (private) | 79 | 78 | -1.3 | | 9 582 | 9 817 | 2.5 | | ^802 | ^788 | -1.7 |
P Education and training (private) | 410 | 418 | 2.0 | | 25 393 | 26 386 | 3.9 | | 4 542 | 4 204 | -7.4 |
Q Health care and social assistance (private) | 1 097 | 1 125 | 2.6 | | 89 557 | 92 924 | 3.8 | | 22 653 | 23 592 | 4.1 |
R Arts and recreation services | 204 | 206 | 1.0 | | 32 245 | 32 440 | 0.6 | | 4 248 | 4 282 | 0.8 |
S Other services | 483 | 484 | 0.2 | | 57 042 | 58 666 | 2.8 | | *2 492 | *2 510 | 0.7 |
|
^ estimate has a relative standard error of 10% to less than 25% and should be used with caution |
* estimate has a relative standard error of 25% to 50% and should be used with caution |
(a) Earnings before interest tax depreciation and amortisation. |
Note: This table excludes Division K Financial and insurance services and businesses/organisations classified to the General Government sector. For more information about the scope of the Economic Activity Survey, please refer to the Explanatory Notes. |
Source: Australian Industry 2016-17 (cat. no. 8155.0) |