GROSS VALUE ADDED
Table 1.2 presents estimates from the Australian National Accounts and illustrates the growth of Australian industries over time using chain volume measures of their gross value added. Chain volume measures provide estimates free of the direct effects of price change.
Construction recorded the highest growth rate in 2005-06 (9.6%), followed by Communication services (8.2%) and Personal and other services (5.1%). The highest growth rates for the last 10 year and 25 year periods were recorded by Communication services, with annualised rates of 6.4% and 7.6% respectively.
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