National Regional Profile: Palm Beach (Statistical Local Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/04/2010 CLASSIFICATIONS CODE: 307103573   
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Economy ECONOMY

2004
2005
2006
2007
2008

ESTIMATES OF UNEMPLOYMENT - June quarter

Unemployed persons no.
508
384
360
330
324
Unemployment rate %
7.3
5.4
4.8
4.1
4.0

TAXATION STATISTICS - year ended 30 June

Non-taxable individuals no.
-
-
1 613
1 846
-
Taxable income (non-taxable individuals) $m
-
-
11.7
15.3
-
Average taxable income (non-taxable individuals) $
-
-
7 249
8 274
-

Taxable individuals no.
-
-
6 540
6 353
-
Taxable income (taxable individuals) $m
-
-
263.2
280.1
-
Average taxable income (taxable individuals) $
-
-
40 240
44 091
-

Taxable and non-taxable individuals no.
-
-
8 153
8 199
-
Taxable income (taxable and non-taxable individuals) $m
-
-
274.9
295.4
-
Average taxable income (taxable and non-taxable individuals) $
-
-
33 713
36 027
-

SELECTED GOVERNMENT PENSIONS & ALLOWANCES - at 30 June

Age Pension - Centrelink no.
1 667
1 653
1 611
1 603
1 656
Age Pension - DVA no.
26
27
22
25
20
Carers Payment no.
66
73
79
88
85
Disability Support Pension no.
526
501
522
490
483
Newstart Allowance no.
391
352
335
319
307
Parenting Payment - Single no.
399
388
362
336
306
Youth Allowances no.
277
252
215
228
213

Newstart Allowance - more than 365 days %
56.9
54.9
51.3
52.2
52.3

ESTIMATES OF PERSONAL INCOME - year ended 30 June

Average Wage and salary income $
31 106
32 654
34 410
36 391
-
Average Own unincorporated business income $
16 107
16 429
16 325
17 908
-
Average Investment Income $
5 777
6 755
7 147
7 915
-
Average Superannuation and annuity income $
19 515
20 562
22 684
23 885
-
Average other income (excl. Government pensions & allowances) $
3 017
2 747
3 292
4 296
-

Total income (excl. Government pensions & allowances) $m
235.3
257.4
276.1
299.4
-

WAGE AND SALARY EARNERS BY SEX - year ended 30 June

Males %
50.4
50.5
50.1
49.7
-
Females %
49.6
49.5
49.9
50.3
-

WAGE AND SALARY EARNERS BY AGE - year ended 30 June

Aged 15 years to 24 years %
21.3
21.5
21.6
21.1
-
Aged 25 years to 34 years %
23.6
22.3
22.2
21.9
-
Aged 35 years to 44 years %
21.3
21.5
21.3
21.4
-
Aged 45 years to 54 years %
20.6
20.7
20.3
20.9
-
Aged 55 years to 64 years %
11.4
11.9
12.3
12.4
-
Aged 65 years and over %
1.8
2.1
2.2
2.3
-

WAGE AND SALARY EARNERS BY OCCUPATION - year ended 30 June

Managers and Administrators %
8.5
9.1
9.5
9.3
-
Professionals %
14.5
14.6
14.8
14.9
-
Associate Professionals %
7.6
7.4
7.9
8.3
-
Tradespersons and Related Workers %
11.9
11.7
12.1
11.7
-
Advanced Clerical and Service Workers %
2.7
2.5
2.4
2.4
-
Intermediate Clerical, Sales and Service Workers %
18.8
19.1
19.2
19.8
-
Intermediate Production and Transport Workers %
4.8
4.7
4.6
5.0
-
Elementary Clerical, Sales and Service Workers %
13.1
12.9
12.8
12.5
-
Labourers and Related Workers %
8.4
8.8
8.6
8.6
-
Not Stated %
9.6
9.2
8.0
7.6
-

ESTIMATES OF HOUSEHOLD WEALTH - year ended 30 June

Net worth per household $'000
421.1
-
-
-
-
Aggregate household net worth $m
2 685.4
-
-
-
-
Equivalised net worth $'000
300.3
-
-
-
-
Assets per household $'000
470.6
-
-
-
-
Liabilities per household $'000
49.5
-
-
-
-
Debt to asset ratio %
10.5
-
-
-
-

COUNTS OF BUSINESSES, INCLUDING ENTRIES AND EXITS

Number of Businesses - at 30 June

Non-employing businesses no.
798
825
789
828
-
Employing businesses: 1 to 4 employees no.
216
249
264
300
-
Employing businesses: 5 or more employees no.
114
126
120
108
-
Total businesses no.
1 128
1 200
1 173
1 236
-

Business Entries - year ended 30 June

Non-employing business entries no.
180
204
165
195
-
Employing business entries no.
72
78
57
75
-
Total business entries no.
252
282
222
270
-

Business Exits - year ended 30 June

Non-employing business exits no.
225
225
183
159
-
Employing business exits no.
9
12
63
42
-
Total business exits no.
234
237
246
201
-