1100.2 - Statistics Victoria, Sep 2010  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/10/2010   
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Contents >> Recent Releases >> Economic and Labour Statistics

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Economic and Labour Statistics
Estimates of Personal Income for Small Areas, Time Series, 2003-04 to 2007-08
International Investment Position, Australia: Supplementary Statistics, Calendar year 2009
Labour Mobility, Australia, Feb 2010


ECONOMIC AND LABOUR STATISTICS

Estimates of Personal Income for Small Areas, Time Series, 2003-04 to 2007-08 (cat. no. 6524.0.55.002) - released 14/09/10

This article presents selected data on estimates of personal income for the years 2003-04 to 2007-08, at a range of geographic levels. These data include income from wages and salaries, own unincorporated business, investment, and superannuation and annuities, but do not include government pensions and allowances.

Total income (excluding Government pensions and allowances) grew by an average of 8.7% per annum from 2003-04 to 2007-08, and while most sources of income grew in absolute terms over this period, the average annual growth rates for each income source varied considerably.

The Australian Capital Territory recorded the highest average total income of all States and Territories ($52,330), followed by Western Australia ($47,488) and New South Wales ($46,480). In general, capital city Statistical Divisions recorded substantially higher average total incomes than regions outside of capital cities.

Map 1 illustrates average total income data for 2007-08 by Statistical Local Area (SLA). Over two-thirds of SLAs in Australia recorded average total incomes lower than the national average ($44,402). The highest average total incomes were recorded in the SLAs surrounding Sydney Harbour (Mosman, Woollahra, Hunters Hill, North Sydney), in Peppermint Grove and Cottesloe in Perth, Ascot and Hamilton in Brisbane and Stonnington - Prahran and Bayside - Brighton in Melbourne.

Map 1. AVERAGE TOTAL INCOME, By Statistical Local Area - Australia, 2007-08
Map showing Average Total Income by Statistical Local Area, 2007-08
To find out more, including information about sources of income, mix of income sources, regional variations, and time series data, please visit the publication.
International Investment Position, Australia: Supplementary Statistics, Calendar year 2009 (cat. no. 5352.0) - released 30/07/10

This publication presents statistics on Australia’s international investment position by countries, which supplements the quarterly publication, Balance of Payments and International Investment Position, Australia (cat. no. 5302.0). The statistics are presented as time series for the calendar years 2001 to 2009 inclusive.

Australia’s net international investment position at 31 December 2009 was $767.3 billion, an increase of $62.2 billion on the previous year. The level of foreign investment in Australia increased by $136.1 billion to reach $1,897.7 billion. The leading investor countries at 31 December 2009 were:
  • United States of America ($514.3 billion or 27%);
  • United Kingdom ($498.6 billion or 26%);
  • Japan ($102.0 billion or 5%);
  • Netherlands ($43.4 billion or 2%);
  • Hong Kong (SAR of China) ($43.2 billion or 2%);
  • Singapore ($40.2 billion or 2%).

To find out more, including information about level of Australian investment abroad, financial account transactions, and income debits and credits, please visit the publication.
Labour Mobility, Australia, Feb 2010 (cat. no. 6209.0) - released 03/09/10

This publication presents information about people aged 15 years and over who, within the 12 months to February 2010, either had a change of employer/business in their main job, or had some change in work with their current employer/business, for whom they had worked for 12 months or more. The statistics in this publication were compiled from the Labour Mobility Survey, conducted throughout Australia in February 2010 as a supplement to the Australian Bureau of Statistics (ABS) monthly Labour Force Survey (LFS).

There were 10.9 million people working at February 2010. Of these, 82% had been with their current employer/business for 12 months or more and 18% had been with their current employer/business for less than 12 months.

There were 963,000 people (9% of people working at February 2010) who had changed their employer/business in the previous 12 months. The remaining 10 million people, who were working at February 2010, had not changed their employer/business in the last 12 months. This differs to 2008, where there were 1.2 million people (12% of people working at February 2008) who had changed their employer/business in the previous 12 months.

An estimated 2.2 million people (18%) of those who worked at some time during the year ending February 2010 had ceased a job during the year. Of these, there were 917,300 (42%) who had ceased a job involuntarily. Conversely, there were 1.3 million people (58%) who had ceased a job voluntarily. Almost one quarter (24%) of those who ceased their last job voluntarily, did so due to unsatisfactory working conditions.

To find out more, including breakdowns by sex and age, please visit the publication.


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