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ECONOMY


RECENT RELEASES

Labour Force, Australia, Detailed, Quarterly, May 2011
Housing Price Indexes: Eight Capital Cities, March 2011
Counts of Australian Businesses, including Entries and Exits, Jun 2007 to Jun 2009
Wage and Salary Earner Statistics for Small Areas, Time Series, 2003-04 to 2007-08
Estimates of Personal Income for Small Areas, Time Series, 2003-04 to 2007-08



LABOUR FORCE, AUSTRALIA, DETAILED, QUARTERLY, MAY 2011

Released on 16 June 2011, Labour Force, Australia, Detailed, Quarterly, May 2011 (cat. no. 6291.0.55.003) provides a range of quarterly Excel spreadsheets and SuperTABLE datacubes. The spreadsheets contain broad level data covering all the major items of the Labour Force Survey in time series format, including seasonally adjusted and trend estimates. The datacubes contain more detailed and cross classified original data than the spreadsheets.

The following data will be available by Capital city-Balance of State/Territory:

• Employed Persons by Sex, Industry, Hours Worked, August 1994 onwards
• Employed Persons by Usual Hours Worked, Sex, Industry
• Employed Persons by Hours Worked in Main Job, Sex, Industry

• Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities decreased 0.2% in the year to March quarter 2011.
• The price index for established houses for the weighted average of the eight capital cities decreased 1.7% in the March quarter 2011 (see table below).

• There were 2,051,085 actively trading businesses in Australia as at June 2009.
• The growth rate in the number of businesses declined slightly from 2007-08 (-0.1%) to 2008-09 (-1.0%)
• At June 2009 Construction had the greatest number of businesses with 342,436 (16.7% of the total). Other large industries included Professional, scientific and technical services (11.3%); Rental, hiring and real estate services (10.6%) and Agriculture, forestry and fishing (9.9%).

• On average, Australians earned $43,921 in Wages and salaries in 2007-08; up from $42,081 in the previous year.
• Of all states and territories, the Australian Capital Territory recorded the highest average annual Wage and salary income in each year between 2003-04 and 2007-08, recording $51,387 in 2007-08.
• The vast majority of Statistical Local Areas (SLAs) with the highest average annual growth rate of average Wage and salary income between 2003-04 and 2007-08 were located in Western Australia and Queensland.
• High growth rates do not necessarily equate to high incomes. For example, whilst the SLA of Kojonup (in Western Australia's wheatbelt) experienced an 8% average annual increase in average Wage and salary income between 2003-04 and 2007-08, by the end of the period the average annual income in the area was just $31,434 (well below the national average of $43,921).
• Some Statistical Local Areas with high average wage and salary incomes experienced low average annual growth rates, while other regions recorded both low incomes and low growth rates in average Wages and salaries.

• Total income (excluding Government pensions and allowances) grew by an average of 8.7% per annum from 2003-04 to 2007-08. Of the three largest sources of income (Wages and salaries, Investments and Own unincorporated business), Investments had the largest average annual growth rate (14.0%).
• Average Total Income (from all sources excluding Government pensions and allowances) was $44,402 in Australia in 2007-08; however, over two-thirds of SLAs in Australia recorded average total incomes lower than the national average.