RETAIL SALES
The 1998-99 Retail Industry Survey showed that retail sales of pre-recorded audio CDs totalled $838.9m in that year. Businesses predominantly involved in retailing recorded music accounted for almost 66% of sales, while department stores accounted for a further 21%. Retail sales of other pre-recorded audio media amounted to $118.8m.
The ABS Retail Industry Survey also estimated that sales of musical instruments totalled $268.2m in 1998-99, although caution must be exercised with this figure as it has a high relative standard error.
See Chapter 3 for information on household expenditure on music.