National Regional Profile: Somerset (R) (Local Government Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/04/2010 CLASSIFICATIONS CODE: LGA36580   
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Economy ECONOMY

2004
2005
2006
2007
2008

ESTIMATES OF UNEMPLOYMENT - June quarter

Unemployed persons no.
541
392
485
435
381
Unemployment rate %
6.2
4.2
5.2
4.3
3.7

TAXATION STATISTICS - year ended 30 June

Non-taxable individuals no.
-
-
2 263
2 694
-
Taxable income (non-taxable individuals) $m
-
-
14.2
20.3
-
Average taxable income (non-taxable individuals) $
-
-
6 258
7 522
-

Taxable individuals no.
-
-
7 521
7 367
-
Taxable income (taxable individuals) $m
-
-
289.5
312.7
-
Average taxable income (taxable individuals) $
-
-
38 488
42 439
-

Taxable and non-taxable individuals no.
-
-
9 784
10 061
-
Taxable income (taxable and non-taxable individuals) $m
-
-
303.6
332.9
-
Average taxable income (taxable and non-taxable individuals) $
-
-
31 033
33 090
-

SELECTED GOVERNMENT PENSIONS & ALLOWANCES - at 30 June

Age Pension - Centrelink no.
1 919
1 996
1 999
2 073
2 186
Age Pension - DVA no.
np
0
np
np
np
Carers Payment no.
174
193
215
235
245
Disability Support Pension no.
1 206
1 199
1 192
1 195
1 244
Newstart Allowance no.
435
436
417
415
382
Parenting Payment - Single no.
497
488
477
447
435
Youth Allowances no.
301
249
261
253
241

Newstart Allowance - more than 365 days %
63.0
61.6
np
60.7
63.0

ESTIMATES OF PERSONAL INCOME - year ended 30 June

Average Wage and salary income $
30 877
32 487
33 933
36 049
-
Average Own unincorporated business income $
9 709
8 435
8 068
6 699
-
Average Investment Income $
2 921
4 182
4 306
4 957
-
Average Superannuation and annuity income $
16 710
17 539
18 476
19 430
-
Average other income (excl. Government pensions & allowances) $
2 065
2 341
2 522
4 658
-

Total income (excl. Government pensions & allowances) $m
251.4
277.9
298.9
328.2
-

WAGE AND SALARY EARNERS BY SEX - year ended 30 June

Males %
55.2
55.1
54.8
53.9
-
Females %
44.8
44.9
45.2
46.1
-

WAGE AND SALARY EARNERS BY AGE - year ended 30 June

Aged 15 years to 24 years %
18.2
18.9
18.6
18.3
-
Aged 25 years to 34 years %
17.7
17.5
17.7
18.0
-
Aged 35 years to 44 years %
26.1
25.0
24.7
23.6
-
Aged 45 years to 54 years %
23.7
23.4
23.1
23.5
-
Aged 55 years to 64 years %
12.6
13.2
13.7
14.4
-
Aged 65 years and over %
1.7
2.0
2.2
2.3
-

WAGE AND SALARY EARNERS BY OCCUPATION - year ended 30 June

Managers and Administrators %
6.3
6.5
6.1
6.1
-
Professionals %
10.9
10.7
10.4
10.8
-
Associate Professionals %
4.8
5.0
5.2
5.5
-
Tradespersons and Related Workers %
12.5
12.7
12.9
13.0
-
Advanced Clerical and Service Workers %
1.8
1.6
1.6
1.5
-
Intermediate Clerical, Sales and Service Workers %
16.7
16.3
16.5
17.1
-
Intermediate Production and Transport Workers %
9.3
9.5
9.3
9.6
-
Elementary Clerical, Sales and Service Workers %
8.1
8.9
8.9
9.0
-
Labourers and Related Workers %
19.1
19.1
19.9
18.6
-
Not Stated %
10.5
9.6
9.1
8.5
-

ESTIMATES OF HOUSEHOLD WEALTH - year ended 30 June

Net worth per household $'000
na
-
-
-
-
Aggregate household net worth $m
na
-
-
-
-
Equivalised net worth $'000
na
-
-
-
-
Assets per household $'000
na
-
-
-
-
Liabilities per household $'000
na
-
-
-
-
Debt to asset ratio %
na
-
-
-
-

COUNTS OF BUSINESSES, INCLUDING ENTRIES AND EXITS

Number of Businesses - at 30 June

Non-employing businesses no.
1 197
1 218
1 203
1 287
-
Employing businesses: 1 to 4 employees no.
339
375
393
393
-
Employing businesses: 5 or more employees no.
219
222
207
198
-
Total businesses no.
1 755
1 815
1 803
1 878
-

Business Entries - year ended 30 June

Non-employing business entries no.
201
201
219
213
-
Employing business entries no.
60
66
96
96
-
Total business entries no.
261
267
315
309
-

Business Exits - year ended 30 June

Non-employing business exits no.
216
222
207
210
-
Employing business exits no.
24
6
60
60
-
Total business exits no.
240
228
267
270
-