For Total selected industries, the aggregates of total income and total expenses increased by 7.9% and 6.5% respectively between 2009-10 and 2010-11. IVA increased by 11.0% over the same period. Operating profit before tax (OPBT) increased by 21.9%, and earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 15.5%.
All 18 of the industry divisions that comprise the Total selected industries recorded increases in total income. Mining recorded the largest absolute increase ($53.7b), followed by Wholesale trade ($25.0b). Mining also recorded the largest percentage increase (32.4%). The increase in total income recorded by Mining was driven by higher commodity prices in 2010-11.
All 18 selected industries recorded increases in total expenses. Public administration and safety (private) recorded the largest percentage increase (19.2%). The industries with the largest absolute increases were Wholesale trade ($25.8b) and Construction ($24.2b).
OPBT for Total selected industries increased by $60.7b between 2009-10 and 2010-11. Mining recorded a 69.6% increase, while Accommodation and food services decreased 16.9%. Mining was the largest contributor to OPBT in 2010-11, accounting for 25.1%.
EBITDA increased by $51.0b between 2009-10 and 2010-11, with Mining contributing $31.9b of this increase.
Employment for Total selected industries increased by 487,000 or 4.8%. Construction added 79,000 employees, whereas Manufacturing experienced a decrease of 18,000 persons. The largest contributors to employment were Retail trade and Construction, accounting for 12.8% and 10.2% respectively.