1301.0 - Year Book Australia, 2012
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 24/05/2012
Page tools:
 Print Page
| |||
|
Statistics contained in the Year Book are the most recent available at the time of preparation. In many cases, the ABS website and the websites of other organisations provide access to more recent data. Each Year Book table or graph and the bibliography at the end of each chapter provides hyperlinks to the most up to date data release where available.
Document Selection These documents will be presented in a new window.
|
||
TRANSPORT, POSTAL AND WAREHOUSING INDUSTRY
The transport, postal and warehousing industries are vital to the Australian economy, underpinning a diverse range of industries and activities. These range from transporting and storing freight, to the movement of people by private and public transport, to vehicle hire and the use of pipelines.
The contribution of an industry to the overall production of goods and services in an economy, gross domestic product (GDP), is measured by gross value added (GVA). Information on the relationship between industry GVA and GDP is provided in the Industry structure and performance chapter.
Table 24.1 shows the GVA (in volume terms) for each industry subdivision (as defined in the Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006) within the Transport, postal and warehousing industry. Between 2008–09 and 2009–10, the industry’s GVA rose by 2%.
All industry subdivisions except Air and space transport had increases in GVA (in volume terms) between 2008–09 and 2009–10. Road transport recorded the greatest increase in GVA (4%), while Air and space transport decreased by 1%.
(d) Includes Subdivisions Water transport, Postal and courier pick-up and delivery services, Transport support services and Warehousing and storage services.
Table 24.2 shows employment for the Transport, postal and warehousing industry. Between 2008–09 and 2009–10, the industry’s total employment decreased from 595,600 to 578,700 people. Road transport decreased by 15,700 (6.4%), and Postal and courier pick-up and delivery services fell 6,700 (6.4%). Over the same period, Transport support services rose 5,600 (8.7%).
In 2009–10, the Transport, postal and warehousing industry generated $121,068 million in sales and service income (table 24.3). Capital expenditure in 2009–10 was $20,136 million, and industry value added $52,260 million. Operating profit before tax was $10,491 million, while the profit margin for the industry was 8.7% in 2009–10. The majority of businesses made a profit in 2009–10 (81%), while 17% made a loss.
Transport, postal and warehousing industry production (in volume terms) increased by 27% between 2003–04 and 2010–11 (graph 24.4).
Wages and salaries for the Transport, postal and warehousing industry in 2009–10 were $26,846 million. Total income was $131,775 million, total expenses $121,426 million, while operating profit before tax was $10,491 million (table 24.5). Road transport was the largest component industry, with 37% of the industry's wages and salaries, 43% of operating profit before tax, 35% of total income and 35% of total expenses.
TRANSPORT SATELLITE ACCOUNT
Satellite accounts provide a more comprehensive measure of a particular economic activity through a consistent treatment of all components of that activity throughout the economy. For example, the Transport, postal and warehousing industry in the core national accounts consists of businesses where the primary activity is in transport and/or storage. Significant transport activity occurs outside of this industry, for example in Mining, Construction and Agriculture. This activity will be covered by the estimates in the national accounts for these industries, rather than the Transport, postal and warehousing industry. While only an indicative measure of the total amount of transport activity, results from the 2009–10 Economic Activity Survey suggest significant transport activity occurring outside of the Transport, postal and warehousing industry. For example, in 2009–10, approximately 48% of business expenditure on fuel to power vehicles and 55% of business expenditure on transport and motor vehicle running expenses occurred outside of the Transport, postal and warehousing industry.
An Australian transport satellite account (TrSA) presents the opportunity to extend the focus of the core national accounts to a more detailed analysis of transport activity, using additional information from other sources of transport data. A TrSA would cover transport activities conducted on a for-hire basis (which are primarily undertaken by businesses classified to the Transport, postal and warehousing industry in the core national accounts) as well as transport activity conducted by businesses in all industries for their own use. A TrSA would provide a unified picture of the impact of transport activity on the whole economy. Transport GVA and GDP would be major economic aggregates derived from a TrSA, which would also present the opportunity to link monetary estimates of transport activity (e.g. expenditure on fuels) with non-monetary data (e.g. kilometres travelled and/or emissions).
The ABS has funded the development and collection of an additional set of transport statistics relating to the 2010–11 financial year, and has prepared a detailed outline of a TrSA framework. More information on ABS views of what a future Australian TrSA might look like is included in: Information Paper: A Future Australian Transport Satellite Account: ABS Views, 2011 (5269.0.55.001), which was released on 20 October 2011. This paper provides background to ABS research, explains the concept of a satellite account and describes the potential policy uses as well as the benefits that could be expected to result from the availability of a TrSA.