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8565.0 - Hire Industries, Australia, Preliminary, 1999-2000  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 17/05/2001   
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HIRE INDUSTRIES, SUMMARY INFORMATION


Total Hire Industries

Businesses at end June 2000 (no.)
1,296

Locations
Capital City (no.)
1,528
Other (no.)
567
Total (no.)
2,095

Employment at end June 2000
Total (no.)
16,278

Income
Total ($m)
2,549.1

Expenses
Total ($m)
2,263.8

Operating profit before tax ($m)
243.8

Operating profit margin (%)
8.6



NOTES


FORTHCOMING ISSUES

A publication Hire Industries, Australia, 1999-2000 (cat. no. 8567.0) will be released in July 2001 and will provide final and more detailed statistics on the plant and goods hiring industries.


INTRODUCTION

This publication presents results, in respect of the 1999-2000 financial year, from an Australian Bureau of Statistics (ABS) survey of employing businesses mainly involved in plant and goods hiring. These businesses are classified to Class 7743 (Plant Hiring and Leasing) or Class 9519 (Personal and Household Goods Hiring) of the 1993 edition of the Australian and New Zealand Standard Industrial Classification (ANZSIC).

Businesses mainly involved in the hiring of transport equipment or the hiring of equipment with operators are generally excluded from these classes. Therefore this survey did not include:
  • Non-employing businesses,
  • Businesses mainly retailing plant and goods, which also hire plant and goods as a secondary activity,
  • Businesses mainly hiring transport equipment, and
  • Businesses which mainly hire plant and equipment with an operator.

However, for completeness all employing businesses mainly involved in the hire of cranes were included in the survey.


NUMBER OF BUSINESSES

At the end of June 2000, there were 1,296 employing businesses involved in the two hiring industries. These businesses operated from 2,095 outlets, with 1,528 outlets located in capital cities and 567 outlets located in country areas.


INCOME AND EXPENSES

During 1999-2000, the total income of the two hiring industries was $2,549 million, which resulted in an average income of $2 million per business.

Income generated by businesses in the plant hiring industry included the hiring of cranes, scaffolding, compaction equipment, earthmoving equipment, access equipment, forklifts and portable accommodation.

Income generated by businesses in the personal and household goods hiring industry included the hiring of televisions, event equipment, furniture, whitegoods and recreation equipment.

During 1999-2000, businesses in the plant hiring and personal and household goods hiring industries incurred total expenses of $2,264 million. The major expense items for these industries were labour costs, repair and maintenance on hire equipment, purchases of goods for sale, rent of premises, interest expenses, advertising, marketing and promotion expenses, and purchases of goods for re-sale.


PROFITABILITY

For 1999-2000, the plant hire and personal and household goods hiring industries recorded an operating profit before tax of $244 million, which represented an operating profit margin of 8.6%.


EMPLOYMENT

At the end of June 2000, there were 16,278 persons working in the two hire industries.

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