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1301.0 - Year Book Australia, 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2007   
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Contents >> Transport >> Transport and storage industry

TRANSPORT AND STORAGE INDUSTRY

Transport and storage is 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 even the use of pipelines.

The contribution of an industry to the overall production of goods and services in an economy is measured by gross value added (GVA). Information on the relationship between industry GVA and gross domestic product (GDP) is provided in the Industry structure and performance chapter.

Table 22.1 shows the GVA (in volume terms) for each industry subdivision (as defined in the Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 edition (1292.0)) within the Transport and storage industry. Between 2003-04 and 2004-05, Transport and storage industry GVA rose by 5.0%.

All industry subdivisions except Rail, pipeline and other transport had increases in GVA (in volume terms) between 2003-04 and 2004-05. Air and space transport recorded the greatest increase in GVA (10%), followed by Road transport (6.4%), and Transport services and storage (4.0%). Rail, pipeline and other transport GVA fell by 0.5% between 2003-04 and 2004-05.


22.1 TRANSPORT AND STORAGE INDUSTRY(a), Gross value added(b)
2003-04
2004-05
ANZSIC Subdivision
$m
$m

Road transport
12,889
13,711
Air and space transport
5,144
5,665
Rail, pipeline and other transport
5,502
5,475
Transport services and storage(c)
13,316
13,850
Total transport and storage
36,851
38,701

(a) Classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 edition.
(b) Volume measures. Reference year is 2003–04.
(c) Includes water transport.
Source: Australian System of National Accounts, 2004-05 (5204.0).


Between 2004-05 and 2005-06 Transport and storage total employment increased from 454,400 to 461,400 people (table 22.3). Air and space transport employment rose by 5,900 (13%), rail transport increased 2,400 (6.5%) and road transport rose 4,300 (2.0%). Over the same period, employment in water transport decreased by 11% to 12,100 people.


22.2 TRANSPORT AND STORAGE INDUSTRY(a), Employment(b)
2004-05
2005-06
ANZSIC Subdivision
'000
'000

Road transport
214.8
219.1
Rail transport
37.2
39.6
Water transport
13.6
12.1
Air and space transport
46.7
52.6
Other transport
*0.7
*0.8
Services to transport
77.1
80.6
Storage
43.5
44.7
Transport and storage n.f.d.(c)
20.8
11.9
Total transport and storage
454.4
461.4

(a) Classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 edition.
(b) Annual average of quarterly data.
(c) Not further defined. Insufficient detail collected from survey respondent to allocate them to a specific industry code.
Source: Labour Force, Australia, Detailed - Electronic delivery (6291.0.55.001).


In 2003-04 the Transport and storage industry had 123,071 operating businesses, compared with 115,729 in 2002-03 (table 22.3). These businesses generated $2,571 million (m) from the sale of goods, and $77,059m in income from services, an increase of 14% and 11% respectively, compared with 2002-03. Capital expenditure in 2003-04 was $8,942m, and industry value added $36,349m. The profit margin for the industry was 4.1% in 2003-04, compared with 5.7% in 2002-03, and 80% of businesses made a profit in 2003-04 while 19% made a loss.


22.3 TRANSPORT AND STORAGE INDUSTRY, Selected indicators

Units
2002-03
2003-04

Operating businesses
Employingno.
34,276
36,737
Non-employingno.
81,453
86,334
Totalno.
115,729
123,071
Sales of goods$m
2,261
2,571
Income from services$m
69,175
77,059
Capital expenditure$m
9,284
8,942
Industry value added$m
32,204
36,349
Profit margin%
5.7
4.1
Business profitability
Businesses that made a profit%
79.6
80.2
Businesses that broke even%
0.8
1.0
Businesses that made a loss%
19.5
18.8

Source: Australian Industry, 2003-04 (8155.0).


Transport and storage industry production, GVA (in volume terms), more than doubled between 1986-87 and 2004-05 (graph 22.4).

22.4 TRANSPORT AND STORAGE PRODUCTION(a)(b) 22.4 TRANSPORT AND STORAGE PRODUCTION(a)(b)


Wages and salaries for the Transport and storage industry in 2003-04 were $16,836m. Total income was $86,217m, total paid expenses $82,628m, while operating profit before tax was $3,535m (table 22.5). Road transport was the largest component industry, with 37% of both the industry's total income and wages and salaries, 35% of total expenses, and 77% of operating profit before tax. Rail transport recorded an operating loss before tax of $2,910m.


22.5 TRANSPORT AND STORAGE INDUSTRY(a), Selected performance measures - 2003-04

ANZSIC Subdivision

Selected indicatorsUnits
Road
transport
Rail
transport
Water
transport
Air and
space
transport
Other
transport
Services to
transport
Storage
Total

Wages and salaries(b)$m
6,196
2,748
499
2,466
139
3,877
912
16,836
Total income$m
31,573
6,332
2,654
14,393
1,882
24,426
4,956
86,217
Total expenses$m
28,863
9,233
2,459
13,134
1,724
22,581
4,634
82,628
Operating profit before tax$m
2,725
-2,910
197
1,225
157
1,854
*287
3,535

(a) Classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 edition.
(b) Includes capitalised wages and salaries; excludes the drawings of working proprietors.
Source: Australian Industry, 2003-04 (8155.0).


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