INDUSTRY ANALYSIS
An analysis of performance by selected industries follows.
Agriculture, forestry and fishing
In 2009-10, Agriculture, forestry and fishing contributed 2.5% to total income, 2.5% to total expenses, and 2.5% to IVA for Total selected industries.
Small businesses dominate Agriculture, forestry and fishing, contributing higher proportions of the industry's total income (81.9%), wages and salaries (63.1%) and employment (85.7%) than in any other industry.
Mining
Mining showed weaker profits in 2009-10, with OPBT decreasing $11.9b (18.8%), EBITDA decreasing $15.8b (21.5%) and IVA decreasing $19.1b (17.9%). The percentage decreases in these aggregates are the highest of all the Total selected industries. The Mining industry was impacted in 2009-10 by lower commodity prices, which was the primary driver in these items decreasing.
Even with declining profits, Mining remains the largest contributor to OPBT (18.9%) and EBITDA (17.9%), but has dropped to be the second largest contributor to IVA (from 12.8% in 2008-09 to 10.6% in 2009-10 of Total selected industries).
Depreciation and amortisation is a significant element of the cost structure of Mining, and represented 13.3% of its total expenses in 2009-10, the highest proportion of any selected industry.
In 2009-10, Mining had the highest capital expenditure ($45.6b), highest wages and salaries per employee ($117,500), highest sales and service income per person employed ($1.06m) and profit margin (33.4%) of all the selected industries.
Manufacturing
In 2009-10, Manufacturing was the largest contributor to IVA, accounting for 11.6% of the Total selected industries IVA figure.
Manufacturing accounted for 15.1% of total income for Total selected industries in 2009-10, the second largest contributor after Wholesale trade.
Electricity, gas, water and waste services
Large businesses in Electricity, gas, water and waste services dominate this industry, contributing more than 70% of its IVA, OPBT, and sales and service income.
Construction
In 2009-10, Construction showed the largest increase in absolute terms in EBITDA ($2.3b, or 7.9%) and IVA ($4.9b, or 9.8%) for Total selected industries.
With 994,000 persons, Construction recorded the second largest employment of Total selected industries, after Retail trade.
Wholesale trade
Wholesale trade was the largest contributor of all selected industries to total income (15.9%) and sales and service income (16.7%).
At 8.5%, the proportion of selected labour costs to total expenses in Wholesale trade in 2009-10 was the lowest of all Total selected industries.
Retail trade
Total income and total expenses in the Retail trade increased by 3.6% and 4.0% respectively between 2008-09 and 2009-10.
With $358.2b of total income, Retail trade recorded the third largest total income of Total selected industries, after Wholesale trade and Manufacturing.
With 1.29m persons, Retail trade recorded the largest employment of any of the selected industries.
Accommodation and food services
In 2009-10, Accommodation and food services showed the strongest increase in employment (9.2%). The industry has the lowest wages and salaries per person ($21,000).
Transport, postal and warehousing
The percentage of business in Transport, postal and warehousing which returned a profit was 81.4%, the highest proportion of any selected industry in 2009-10.
Information media and telecommunications
OPBT in Information, media and telecommunications showed the strongest growth of all selected industries in percentage terms, increasing by 97.3% ($5.5b) between 2008-09 and 2009-10.
Depreciation and amortisation is a significant element of the cost structure of Information media and telecommunications, and represented 12.8% of its total expenses in 2009-10, the second highest proportion after Mining.
Large businesses dominate Information media and telecommunications, contributing more than 70% of its IVA, total income, total expenses, and wages and salaries.
Rental, hiring and real estate services
In absolute terms, Rental, hiring and real estate services has shown the largest increase in OPBT ($11.1b) between 2008-09 and 2009-10. As a result of the increase in OPBT, the profit margin of this industry has increased from 15.2% in 2008-09 to 28.2% in 2009-10.
Rental, hiring and real estate services had the second highest capital expenditure of all Total selected industries at $37.6b, behind Mining.
In percentage terms, Rental, hiring and real estate services has the highest interest expenses of any industry, accounting for 18.5% of its total expenses.
Professional, scientific and technical services
Professional, scientific and technical services was the largest contributor of all selected industries to selected labour costs (13.0%).
Education and training (private)
In 2009-10, funding received from government for operational costs for Education and training (private) amounted to 36.8% of the industry's total income, the highest proportion of any selected industry.
This industry had the highest ratio of wages and salaries to sales and service income (91.4%) of the selected industries, significantly higher than the second ranked industry by this measure, Health care and social assistance (private) (53.6%).
Health care and social assistance (private)
Of the selected industries, Health care and social assistance (private) was by far the largest recipient of funding from government for operational costs. In 2009-10 it received $18.9b, or 36.7% of all such funding paid to Total selected industries. This funding represented 23.0% of the total income of the industry.
Other services
Other services was heavily dominated by small businesses, which accounted for 76.2% of OPBT and 60.6% of IVA.
Quality Declaration 
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