National Regional Profile: Latrobe (C) (Local Government Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/11/2006 CLASSIFICATIONS CODE: LGA23810   
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ECONOMY CHARACTERISTICS

2000
2001
2002
2003
2004

ESTIMATES OF UNEMPLOYMENT - September quarter
Unemploymentno.
na
na
3,280
3,057
3,243
Unemployment rate%
na
na
10.4
9.1
9.1
LOCAL GOVERNMENT FINANCE - year ended 30 June
Total revenue$'000
na
na
59,877.0
65,377.0
65,540.0
Total expenses$'000
na
na
56,299.0
64,215.0
67,322.0
GFS net operating balance$'000
na
na
3,578.0
1,162.0
-1,782.0
Total assets$'000
na
na
437,016.0
440,883.0
445,690.0
Total liabilities$'000
na
na
17,722.0
20,047.0
27,452.0
GFS net worth$'000
na
na
419,294.0
420,836.0
418,238.0
Net debt$'000
na
na
-5,522.0
-4,761.0
-3,521.0
SELECTED INCOME SUPPORT CUSTOMERS - at June
Age pensionno.
na
na
7,378
7,545
na
Disability support pensionno.
na
na
3,495
3,633
na
Newstart allowanceno.
na
na
2,881
2,667
na
Parenting payment - singleno.
na
na
2,267
2,238
na
Youth allowanceno.
na
na
1,777
1,726
na
Other pensions and allowancesno.
na
na
2,950
2,967
na
Total selected income support customersno.
na
na
20,748
20,776
na
Percentage of long-term newstart allowance customers%
na
na
69.0
69.0
na
AVERAGE INDIVIDUAL ANNUAL TAXABLE INCOME
Average individual annual taxable income$
33,702
35,499
36,959
37,907
na
WAGE AND SALARY EARNERS - year ended 30 June
Wage and salary earnersno.
24,564
24,665
25,497
26,377
na
Wage and salary income$m
796.1
828.8
889.8
943.4
na
Total income$m
824.8
864.7
928.5
991.1
na
Average wage and salary income$
32,407
33,603
34,897
35,767
na
Average total income$
33,578
35,058
36,414
37,573
na
SOURCE OF PERSONAL INCOME - year ended 30 June
Wage and salary%
72.7
72.2
na
na
na
Own unincorporated business%
4.0
4.0
na
na
na
Investment%
4.5
5.0
na
na
na
Superannuation and annuity%
2.2
2.1
na
na
na
Government cash benefit%
16.4
16.6
na
na
na
Other income%
0.3
0.2
na
na
na
Total personal income from all sources$m
1,119.0
1,186.0
na
na
na