1308.8 - In fACT - Statistical Information on the ACT and Region, May 2008
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 22/05/2008 First Issue
Page tools:
 Print Page
| ||||
LATEST NEWS
In trend terms, the number of housing commitments for owner occupation in the ACT, was 843 over March 2008. This was similar to the number recorded in recent months, back to November 2007. The value of these commitments in March 2008 was approximately $209 million (trend), down approximately $1 million in February 2008. In original terms, the average loan size (derived) for ACT owner occupiers was $240,000 in March 2008, down from $241,000 in February 2008, and more than $25,000 down from the high of $266,000 recorded in December 2007. Labour force for April 2008 - in trend terms the number of employed persons in the ACT was 191,900 a rise of 600 from March 2008 and the number of unemployed was 5,600, a rise of 200 from March 2008. The trend unemployment rate increased by 0.1 percentage point, from 2.7% to 2.8% and the participation rate rose by 0.2 percentage points, from 72.8% to 73.0%. Nationally, the unemployment rate remained unchanged, in trend terms, between March and April 2008 (4.1%) The trend participation rate also remained unchanged (65.3%). At the All groups level, the CPI for Canberra increased by 1.4% in the March quarter 2008, an increase of 4.6% for the year to March quarter 2008. This compared to 1.3% and 4.2% respectively for the weighted average of the eight capital cities. The groups contributing most to the 1.4% CPI increase for Canberra over March quarter 2008 were Food, Health, Transportation and Housing. Partially offsetting the increases in these groups was a decline in Recreation and a marginal decline in Clothing and footwear. Established house prices in Canberra increased by 1.0% in the March quarter 2008 and by 14.4% annually. This compared with 1.1% for the March quarter and 13.8% annually across the weighted average of eight capital cities. Established house prices in Melbourne rose the most in the year to March 2008 (25.9%) whilst prices in Perth rose the least (0.6%). Retail turnover in the ACT for March 2008 was $387 million in trend terms. This was up $2 million (0.5%) on February 2008 and up $13 million (3%) on March 2007. Comparatively, retail turnover increased 0.2% from February 2008 to March 2008 and by 6% between March 2007 and March 2008, for Australia as a whole. In trend terms, the number of dwelling units approved in the ACT, fell by 13 (8%) in March 2008 to 157, from 170 in February 2008. Taxation Revenue, Australia (cat. no. 5506.0) 2006-07, was released on 15 April 2008. In the 2006-07 financial year, average tax per capita was $2,761 (excluding Commonwealth Government taxes) in the ACT. This was up over $400 (17%) per annum on 2005-06, but below the average across all states and territories ($2,792). The chain volume measure for state final demand (SFD) rose by 0.2% (trend) in December quarter 2007. This compares with a rise of 1.1% in domestic final demand (DFD).
|
||||