KEY DATA
For Total selected industries, the aggregates of income, expenses and industry value added increased by 4.9%, 5.9% and 6.7% respectively between 2007-08 and 2008-09. Operating profit before tax (OPBT) decreased by 4.9%, and earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 9.8% over the same period.
Thirteen of the eighteen industry divisions that comprise the Total selected industries recorded increases in total income. Mining recorded the largest percentage increase (34.7%) and the largest absolute increase ($47.2b). Rental, hiring and real estate services recorded the largest percentage decrease (17.2%) and the largest absolute decrease ($18.2b).
Fifteen of the total eighteen selected industries recorded increases in total expenses. Mining recorded the largest percentage increase (32.6%) and the largest absolute increase ($30.0b).
EBITDA for Total selected industries increased by $30.3b between 2007-08 and 2008-09. Most of this increase was driven by Mining, which recorded the largest absolute increase of $25.2b.
OPBT for Total selected industries decreased by $14.0b between 2007-08 and 2008-09. This was driven by significant write-downs across a number of industries, the largest industry impacted being Rental, hiring and real estate services, which recorded an absolute decrease in OPBT of $22.5b. Mining experienced a result counter to the decreasing trend in OPBT, showing substantial growth of $17.7b (38.6%).
Employment for Total selected industries in 2008-09 was consistent with 2007-08, increasing by only 2,000. The largest absolute increase (53,000) occurred in Health care and social assistance (private), followed by Accommodation and food services (24,000). This was offset to some degree by a decrease in Administrative and support services (64,000). The largest contributor to employment was Retail trade (1.27m).
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