ECONOMIC AND LABOUR STATISTICS

On this page:
Balance of Payments and International Investment Position, Australia: Concepts, Sources and Methods, 2011
Characteristics of Australian Exporters, 2009–10
Employee Earnings and Hours, Australia, May 2010
Job Search Experience, Australia, Jul 2010
Persons Not in the Labour Force, Australia, September 2010
Underemployed Workers, Australia, Sep 2010
Venture Capital and Later Stage Private Equity, Australia, 2009–10


Balance of Payments and International Investment Position, Australia: Concepts, Sources and Methods, 2011 (cat. no. 5331.0) - released 08/03/11

The balance of payments, or current account balance, is one of Australia’s key economic indicators, and measures economic transactions between Australian residents and residents of the rest of the world. It also draws a series of balances between inward and outward assets, provides an overall net flow of transactions between Australian residents and the rest of the world and reports how that flow is funded.

This publication is being developed under a new format and changes will be updated progressively. The first instalment focuses on the Goods and Services Account. When completed the publication will provide, for Australia’s Balance of Payments and International Investment Position statistics, a comprehensive understanding of the:

• Underlying conceptual framework;
• Classification of data items;
• Presentation and publication;
• Data sources and methods;
• Data quality; and
• Relationship to broader economic statistics as defined in the system of national accounts.

To find out more, please visit the publication.


Characteristics of Australian Exporters, 2009–10 (cat. no. 5368.0.55.006) - released 30/03/11

Data available at the following geographic levels: National; State and territory

This publication presents an analysis of the characteristics and international trading activities of Australian exporters in 2009–10. The information is compiled as a by-product of producing regular monthly and quarterly statistics on Australia's merchandise trade and international trade in services.

There were 45,057 Australian exporters in 2009–10, a decrease of 502 exporters from 2008–09. Of these Australian exporters, 42,652 were exporters of merchandise goods and 3,613 were exporters of services. Of those businesses engaged in exporting services, an estimated 1,208 (33%) were also exporters of merchandise goods.

42% of Australia's total value of goods exports in 2009–10 came from Western Australia, followed by Queensland (22%), New South Wales (16%), and Victoria (9%).

To find out more, including information about export activity, industry, and business size, please visit the publication.
Employee Earnings and Hours, Australia, May 2010 (cat. no. 6306.0) - released 27/01/11

Data available at the following geographic levels: National; State and territory

This publication contains statistics on the composition and distribution of employees' earnings and hours, as well as information on how employees' pay is set - by award, collective agreement or individual arrangement.

In May 2010, half (50%) of all employees were male and half (50%) were female. Average weekly total cash earnings were $1,010.30 for all employees, $1,192.10 for male employees and $827.70 for female employees. Full-time employees made up 63% of all employees and had average weekly total cash earnings of $1,313.30. Part-time employees accounted for 37% of all employees and had average weekly total cash earnings of $488.80.

The average weekly total cash earnings of all employees was highest in the Australian Capital Territory ($1,218.20) and lowest in Tasmania ($876.80). The greatest proportion of employees were in New South Wales (31%) where average weekly total cash earnings were $1,053.60.

To find out more, including information about occupations, industry, and methods of setting pay, please visit the publication.
Job Search Experience, Australia, Jul 2010 (cat. no. 6222.0) - released 18/01/11

Data available at the following geographic level: National

This publication presents information about the experiences of unemployed people in seeking work, in terms of the steps taken to find work and the difficulties encountered in finding work. It also presents information about employed people who started their current job in the previous 12 months. For this group, data on the steps taken to attain work and current job details are provided. In addition, demographic information is provided for both groups.

In July 2010, the main difficulty in finding work for unemployed people was 'too many applicants for available jobs' (14%), followed by 'insufficient work experience' (11%). Whereas, in July 2009, the most commonly reported main difficulties in finding work were 'too many applicants for available jobs' (15%) and 'no vacancies in line of work' (11%).

The difficulties in finding work for unemployed people varied with age, whether they were men or women, how long they have been unemployed and what type of work they were looking for (full-time or part-time).

To find out more, including information about duration of unemployment and steps taken to find work, please visit the publication.
Persons Not in the Labour Force, Australia, September 2010 (cat. no. 6220.0) - released 22/03/11

Data available at the following geographic levels: National; State and territory

This publication presents information about people aged 15 years and over who are not in the labour force: that is, neither employed nor unemployed. The data measures the potential supply of labour not reflected in employment and unemployment statistics, and the characteristics of that potential supply. Many of these people could move into the labour force in the short term, or could do so if labour market conditions changed.

In September 2010, there were almost 5.9 million people aged 15 years and over who were not in the labour force. This represented 33% of the civilian population aged 15 years and over. Since September 2007, people aged 15 years and over who were not in the labour force have comprised approximately one-third of the civilian population.

For discouraged job seekers, the most commonly reported main reason for not actively looking for work was 'Considered too old by employers' (38%). This was followed by 'Lacked necessary training, skills or experience' (18%), and 'No jobs in locality or line of work' (16%).

For people with marginal attachment to the labour force, reports of main activity when not in the labour force differed between men and women. The most commonly reported main activity for men was 'Attending an educational institution' (40% of men compared to 22% of women), whereas for women it was 'Home duties' (35% of women compared to 12% of men) and 'Caring for children' (26% of women compared to 3% of men).

To find out more, including information about age, and state and territory level data, please visit the publication.
Underemployed Workers, Australia, Sep 2010 (cat. no. 6265.0) - released 08/03/11

Data available at the following geographic level: National

This publication presents information about the characteristics of underemployed workers aged 15 years and over. Underemployed workers are defined as part-time workers who want, and are available for more hours of work than they currently have, and full-time workers who worked part-time hours, during the reference week for economic reasons (such as being stood down or insufficient work being available).

In September 2010, there were 733,900 underemployed part-time workers. These people comprise 91% of all underemployed workers. Of the underemployed part-time workers:

• 61% were women;
• 18% were aged 35–44 years and a further 17% were aged 25–34 years; and
• 59% reported they would not prefer to change employer to work more hours, 25% would prefer to change employer, while the remaining 16% had no preference.

To find out more, please visit the publication.
Venture Capital and Later Stage Private Equity, Australia, 2009–10 (cat. no. 5678.0) - released 10/02/11

Data available at the following geographic levels: National

Venture Capital and Later Stage Private Equity (VC&LSPE) is high risk capital directed towards businesses with prospects of rapid growth and/or high rates of returns. It is an investment not only of money, but also of skills and time. This publication presents information on both financial and non-financial contributions to venture capital and later stage private equity investments.

The value of funds committed to VC&LSPE investment vehicles fell during 2009–10. As at 30 June 2010, investors had $17.3b committed to investment vehicles, a fall of 1% on the $17.5b committed as at 30 June 2009. Most of the committed funds were sourced domestically, with 93% of commitments from Australian investors (up from 91% as at 30 June 2009). The value of funds committed by non residents fell $301m (20%).

To find out more, including time series data, please visit the publication.

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