National Regional Profile: George Town (M) - Pt A (Statistical Local Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/04/2010 CLASSIFICATIONS CODE: 615052211   
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Economy ECONOMY

2004
2005
2006
2007
2008

ESTIMATES OF UNEMPLOYMENT - June quarter

Unemployed persons no.
273
207
218
233
204
Unemployment rate %
11.6
8.8
9.1
9.8
8.4

TAXATION STATISTICS - year ended 30 June

Non-taxable individuals no.
-
-
592
717
-
Taxable income (non-taxable individuals) $m
-
-
4.3
6.1
-
Average taxable income (non-taxable individuals) $
-
-
7 269
8 448
-

Taxable individuals no.
-
-
2 073
1 923
-
Taxable income (taxable individuals) $m
-
-
82.1
84.0
-
Average taxable income (taxable individuals) $
-
-
39 626
43 700
-

Taxable and non-taxable individuals no.
-
-
2 665
2 640
-
Taxable income (taxable and non-taxable individuals) $m
-
-
86.4
90.1
-
Average taxable income (taxable and non-taxable individuals) $
-
-
32 438
34 126
-

SELECTED GOVERNMENT PENSIONS & ALLOWANCES - at 30 June

Age Pension - Centrelink no.
616
631
616
627
668
Age Pension - DVA no.
np
np
np
np
np
Carers Payment no.
46
54
51
66
82
Disability Support Pension no.
420
418
396
399
398
Newstart Allowance no.
270
276
287
263
215
Parenting Payment - Single no.
204
210
209
203
185
Youth Allowances no.
132
126
119
127
103

Newstart Allowance - more than 365 days %
74.1
75.0
78.6
78.3
76.9

ESTIMATES OF PERSONAL INCOME - year ended 30 June

Average Wage and salary income $
31 353
32 197
33 751
35 160
-
Average Own unincorporated business income $
10 233
10 690
11 775
8 766
-
Average Investment Income $
4 355
4 527
5 303
6 433
-
Average Superannuation and annuity income $
16 730
18 813
18 193
20 519
-
Average other income (excl. Government pensions & allowances) $
2 960
2 443
3 547
3 205
-

Total income (excl. Government pensions & allowances) $m
78.3
80.3
84.8
87.9
-

WAGE AND SALARY EARNERS BY SEX - year ended 30 June

Males %
59.2
58.4
58.7
57.2
-
Females %
40.8
41.6
41.3
42.8
-

WAGE AND SALARY EARNERS BY AGE - year ended 30 June

Aged 15 years to 24 years %
17.6
17.8
17.7
17.9
-
Aged 25 years to 34 years %
18.9
17.6
17.1
17.6
-
Aged 35 years to 44 years %
24.7
24.5
23.8
22.6
-
Aged 45 years to 54 years %
24.6
25.8
25.2
25.7
-
Aged 55 years to 64 years %
11.9
12.2
13.6
13.9
-
Aged 65 years and over %
2.3
2.0
2.7
2.2
-

WAGE AND SALARY EARNERS BY OCCUPATION - year ended 30 June

Managers and Administrators %
5.3
4.8
4.8
4.4
-
Professionals %
9.5
9.6
9.4
9.9
-
Associate Professionals %
4.4
4.4
4.6
4.8
-
Tradespersons and Related Workers %
13.5
14.1
14.1
13.6
-
Advanced Clerical and Service Workers %
1.6
1.5
1.2
1.1
-
Intermediate Clerical, Sales and Service Workers %
13.3
13.5
13.4
13.6
-
Intermediate Production and Transport Workers %
6.3
6.3
6.9
7.4
-
Elementary Clerical, Sales and Service Workers %
8.8
9.2
9.1
9.6
-
Labourers and Related Workers %
27.0
26.7
25.6
24.7
-
Not Stated %
10.3
10.1
10.7
11.0
-

ESTIMATES OF HOUSEHOLD WEALTH - year ended 30 June

Net worth per household $'000
218.6
-
-
-
-
Aggregate household net worth $m
525.3
-
-
-
-
Equivalised net worth $'000
148.6
-
-
-
-
Assets per household $'000
242.6
-
-
-
-
Liabilities per household $'000
24.0
-
-
-
-
Debt to asset ratio %
9.9
-
-
-
-

COUNTS OF BUSINESSES, INCLUDING ENTRIES AND EXITS

Number of Businesses - at 30 June

Non-employing businesses no.
153
144
150
138
-
Employing businesses: 1 to 4 employees no.
42
45
39
48
-
Employing businesses: 5 or more employees no.
72
72
66
69
-
Total businesses no.
267
261
255
255
-

Business Entries - year ended 30 June

Non-employing business entries no.
30
24
36
30
-
Employing business entries no.
18
9
9
12
-
Total business entries no.
48
33
45
42
-

Business Exits - year ended 30 June

Non-employing business exits no.
27
57
21
36
-
Employing business exits no.
0
6
12
3
-
Total business exits no.
27
63
33
39
-