National Regional Profile: Latrobe (C) - Morwell (Statistical Local Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/11/2006 CLASSIFICATIONS CODE: 255053814   
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ECONOMY CHARACTERISTICS

2000
2001
2002
2003
2004

ESTIMATES OF UNEMPLOYMENT - September quarter
Unemploymentno.
na
na
1,351
1,173
1,245
Unemployment rate%
na
na
13.1
11.3
11.3
LOCAL GOVERNMENT FINANCE - year ended 30 June
Total revenue$'000
na
na
na
na
na
Total expenses$'000
na
na
na
na
na
GFS net operating balance$'000
na
na
na
na
na
Total assets$'000
na
na
na
na
na
Total liabilities$'000
na
na
na
na
na
GFS net worth$'000
na
na
na
na
na
Net debt$'000
na
na
na
na
na
SELECTED INCOME SUPPORT CUSTOMERS - at June
Age pensionno.
na
na
2,316
2,384
na
Disability support pensionno.
na
na
1,286
1,339
na
Newstart allowanceno.
na
na
1,092
1,019
na
Parenting payment - singleno.
na
na
821
788
na
Youth allowanceno.
na
na
718
706
na
Other pensions and allowancesno.
na
na
1,044
1,042
na
Total selected income support customersno.
na
na
7,277
7,278
na
Percentage of long-term newstart allowance customers%
na
na
70.8
73.5
na
AVERAGE INDIVIDUAL ANNUAL TAXABLE INCOME
Average individual annual taxable income$
32,516
34,597
35,379
36,541
na
WAGE AND SALARY EARNERS - year ended 30 June
Wage and salary earnersno.
8,275
8,161
7,592
7,781
na
Wage and salary income$m
261.2
266.3
257.0
271.3
na
Total income$m
271.1
278.5
268.6
284.7
na
Average wage and salary income$
31,564
32,636
33,845
34,866
na
Average total income$
32,767
34,123
35,374
36,595
na
SOURCE OF PERSONAL INCOME - year ended 30 June
Wage and salary%
71.2
70.1
na
na
na
Own unincorporated business%
3.6
3.6
na
na
na
Investment%
3.9
4.6
na
na
na
Superannuation and annuity%
2.4
2.3
na
na
na
Government cash benefit%
18.6
19.1
na
na
na
Other income%
0.3
0.3
na
na
na
Total personal income from all sources$m
375.0
394.0
na
na
na