National Regional Profile: Latrobe (C) - Morwell (Statistical Local Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/04/2010 CLASSIFICATIONS CODE: 255053814   
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Economy ECONOMY

2004
2005
2006
2007
2008

ESTIMATES OF UNEMPLOYMENT - June quarter

Unemployed persons no.
1 208
1 434
1 145
933
1 103
Unemployment rate %
11.0
12.7
10.6
8.5
9.4

TAXATION STATISTICS - year ended 30 June

Non-taxable individuals no.
-
-
2 367
2 695
-
Taxable income (non-taxable individuals) $m
-
-
17.4
23.1
-
Average taxable income (non-taxable individuals) $
-
-
7 330
8 555
-

Taxable individuals no.
-
-
8 563
8 266
-
Taxable income (taxable individuals) $m
-
-
359.0
377.2
-
Average taxable income (taxable individuals) $
-
-
41 929
45 635
-

Taxable and non-taxable individuals no.
-
-
10 930
10 961
-
Taxable income (taxable and non-taxable individuals) $m
-
-
376.4
400.3
-
Average taxable income (taxable and non-taxable individuals) $
-
-
34 436
36 518
-

SELECTED GOVERNMENT PENSIONS & ALLOWANCES - at 30 June

Age Pension - Centrelink no.
2 471
2 550
2 566
2 583
2 683
Age Pension - DVA no.
15
12
12
10
8
Carers Payment no.
185
218
250
255
301
Disability Support Pension no.
1 460
1 475
1 510
1 503
1 566
Newstart Allowance no.
938
872
822
840
830
Parenting Payment - Single no.
828
770
750
687
681
Youth Allowances no.
673
660
627
590
548

Newstart Allowance - more than 365 days %
66.9
67.4
73.3
70.5
70.0

ESTIMATES OF PERSONAL INCOME - year ended 30 June

Average Wage and salary income $
34 541
35 385
37 642
39 270
-
Average Own unincorporated business income $
9 904
11 323
11 286
12 142
-
Average Investment Income $
3 196
3 509
3 959
4 442
-
Average Superannuation and annuity income $
14 561
15 381
16 457
18 111
-
Average other income (excl. Government pensions & allowances) $
1 114
1 233
1 256
1 375
-

Total income (excl. Government pensions & allowances) $m
342.0
354.0
376.0
399.5
-

WAGE AND SALARY EARNERS BY SEX - year ended 30 June

Males %
56.3
56.0
56.2
55.8
-
Females %
43.7
44.0
43.8
44.2
-

WAGE AND SALARY EARNERS BY AGE - year ended 30 June

Aged 15 years to 24 years %
20.2
20.1
19.9
19.8
-
Aged 25 years to 34 years %
19.9
19.0
18.3
18.1
-
Aged 35 years to 44 years %
22.8
22.1
21.7
20.9
-
Aged 45 years to 54 years %
23.7
23.9
24.1
24.3
-
Aged 55 years to 64 years %
11.6
12.9
13.8
14.5
-
Aged 65 years and over %
1.8
1.9
2.2
2.4
-

WAGE AND SALARY EARNERS BY OCCUPATION - year ended 30 June

Managers and Administrators %
5.8
5.7
5.7
5.4
-
Professionals %
12.6
12.9
13.0
12.5
-
Associate Professionals %
5.5
5.9
5.7
6.1
-
Tradespersons and Related Workers %
15.7
15.7
15.9
16.0
-
Advanced Clerical and Service Workers %
1.7
1.6
1.6
1.5
-
Intermediate Clerical, Sales and Service Workers %
15.5
15.7
15.7
16.3
-
Intermediate Production and Transport Workers %
9.2
9.2
9.4
10.0
-
Elementary Clerical, Sales and Service Workers %
12.2
12.5
12.0
11.7
-
Labourers and Related Workers %
12.2
12.1
12.2
12.2
-
Not Stated %
9.5
8.8
8.7
8.3
-

ESTIMATES OF HOUSEHOLD WEALTH - year ended 30 June

Net worth per household $'000
257.1
-
-
-
-
Aggregate household net worth $m
2 265.4
-
-
-
-
Equivalised net worth $'000
171.4
-
-
-
-
Assets per household $'000
289.3
-
-
-
-
Liabilities per household $'000
32.2
-
-
-
-
Debt to asset ratio %
11.1
-
-
-
-

COUNTS OF BUSINESSES, INCLUDING ENTRIES AND EXITS

Number of Businesses - at 30 June

Non-employing businesses no.
897
831
852
864
-
Employing businesses: 1 to 4 employees no.
255
288
312
315
-
Employing businesses: 5 or more employees no.
243
264
267
264
-
Total businesses no.
1 395
1 383
1 431
1 443
-

Business Entries - year ended 30 June

Non-employing business entries no.
153
180
102
159
-
Employing business entries no.
66
42
51
84
-
Total business entries no.
219
222
153
243
-

Business Exits - year ended 30 June

Non-employing business exits no.
174
201
156
135
-
Employing business exits no.
15
18
30
39
-
Total business exits no.
189
219
186
174
-