National Regional Profile: King Island (M) (Local Government Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/11/2006 CLASSIFICATIONS CODE: LGA63410   
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ECONOMY CHARACTERISTICS

2000
2001
2002
2003
2004
ESTIMATES OF UNEMPLOYMENT - September quarter
Unemploymentno.
na
na
24
24
17
Unemployment rate%
na
na
2.4
2.5
1.7
LOCAL GOVERNMENT FINANCE - year ended 30 June
Total revenue$'000
5,686.0
4,358.0
4,569.0
4,488.0
4,123.0
Total expenses$'000
3,710.0
6,010.0
4,564.0
4,716.0
4,081.0
GFS net operating balance$'000
1,976.0
-1,652.0
5.0
-228.0
42.0
Total assets$'000
24,638.0
24,664.0
24,279.0
22,373.0
22,593.0
Total liabilities$'000
781.0
2,403.0
846.0
1,261.0
1,420.0
GFS net worth$'000
23,857.0
22,261.0
23,433.0
21,112.0
21,173.0
Net debt$'000
-3,607.0
-4,262.0
-2,724.0
-1,858.0
-1,641.0
SELECTED INCOME SUPPORT CUSTOMERS - at June
Age pensionno.
na
na
112
119
na
Disability support pensionno.
na
na
43
44
na
Newstart allowanceno.
na
na
31
32
na
Parenting payment - singleno.
na
na
na
na
na
Youth allowanceno.
na
na
na
na
na
Other pensions and allowancesno.
na
na
30
30
na
Total selected income support customersno.
na
na
257
275
na
Percentage of long-term newstart allowance customers%
na
na
na
na
na
AVERAGE INDIVIDUAL ANNUAL TAXABLE INCOME
Average individual annual taxable income$
27,874
34,379
36,578
35,780
na
WAGE AND SALARY EARNERS - year ended 30 June
Wage and salary earnersno.
653
673
706
751
na
Wage and salary income$m
16.3
18.1
20.1
22.0
na
Total income$m
16.7
19.3
22.3
23.4
na
Average wage and salary income$
24,969
26,832
28,437
29,247
na
Average total income$
25,571
28,677
31,595
31,202
na
SOURCE OF PERSONAL INCOME - year ended 30 June
Wage and salary%
63.3
61.5
na
na
na
Own unincorporated business%
21.3
21.4
na
na
na
Investment%
5.1
6.8
na
na
na
Superannuation and annuity%
0.9
1.1
na
na
na
Government cash benefit%
9.0
8.5
na
na
na
Other income%
0.3
0.7
na
na
na
Total personal income from all sources$m
27.0
31.0
na
na
na