National Regional Profile: South Gippsland (S) (Local Government Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/11/2006 CLASSIFICATIONS CODE: LGA26170   
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ECONOMY CHARACTERISTICS

2000
2001
2002
2003
2004

ESTIMATES OF UNEMPLOYMENT - September quarter
Unemploymentno.
na
na
596
559
604
Unemployment rate%
na
na
4.9
4.3
4.4
LOCAL GOVERNMENT FINANCE - year ended 30 June
Total revenue$'000
na
na
25,716.0
30,525.0
32,874.0
Total expenses$'000
na
na
26,792.0
32,210.0
33,045.0
GFS net operating balance$'000
na
na
-1,076.0
-1,685.0
-171.0
Total assets$'000
na
na
192,502.0
272,459.0
304,785.0
Total liabilities$'000
na
na
16,062.0
18,572.0
20,706.0
GFS net worth$'000
na
na
176,440.0
253,887.0
284,079.0
Net debt$'000
na
na
7,867.0
7,666.0
6,721.0
SELECTED INCOME SUPPORT CUSTOMERS - at June
Age pensionno.
na
na
2,865
2,918
na
Disability support pensionno.
na
na
903
918
na
Newstart allowanceno.
na
na
552
531
na
Parenting payment - singleno.
na
na
497
466
na
Youth allowanceno.
na
na
551
524
na
Other pensions and allowancesno.
na
na
943
942
na
Total selected income support customersno.
na
na
6,311
6,299
na
Percentage of long-term newstart allowance customers%
na
na
63.6
57.7
na
AVERAGE INDIVIDUAL ANNUAL TAXABLE INCOME
Average individual annual taxable income$
28,703
32,093
32,946
32,946
na
WAGE AND SALARY EARNERS - year ended 30 June
Wage and salary earnersno.
7,821
7,930
8,124
8,427
na
Wage and salary income$m
217.6
226.1
239.9
256.7
na
Total income$m
225.5
241.5
254.2
271.2
na
Average wage and salary income$
27,828
28,513
29,527
30,460
na
Average total income$
28,839
30,456
31,291
32,181
na
SOURCE OF PERSONAL INCOME - year ended 30 June
Wage and salary%
57.2
53.6
na
na
na
Own unincorporated business%
18.0
21.9
na
na
na
Investment%
7.7
8.3
na
na
na
Superannuation and annuity%
2.6
2.7
na
na
na
Government cash benefit%
13.9
13.1
na
na
na
Other income%
0.6
0.5
na
na
na
Total personal income from all sources$m
394.0
447.0
na
na
na