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THE LABOUR FORCE
The trend estimate of the number of unemployed persons in Tasmania for November 2003 was 15,200 compared to 18,900 in November 2002. The trend estimate of the unemployment rate for November 2003 was 6.7%, a decrease from the November 2002 figure of 8.7%. The Australian trend estimate of the unemployment rate was 5.6% in November 2003 compared to 6.1% in November 2002 - see Labour Force, Australia (cat. no. 6202.0).
In trend terms, the number of housing finance commitments in Tasmania for October 2003 was 1,394, an increase of 1.8% from the previous month. In the same period, the trend estimate for Australia increased by 1.6%.
The Tasmanian trend estimate increased by 26.6% between October 2002 and October 2003, while the national trend estimate increased by 20.7%. The changes in the number of housing finance commitments over the same period for the other states and territories were New South Wales (18.3%), Victoria (11.5%), Queensland (32.0%), South Australia (22.6%), Western Australia (23.5%), Northern Territory (44.5%) and Australian Capital Territory (3.7%) - see Housing Finance for Owner Occupation, Australia (cat. no. 5609.0).
HOUSING FINANCE, Tasmania, Number of dwellings
HOUSING FINANCE, Australia, Number of dwellings
There were 238 dwelling units approved in Tasmania during October 2003, including 218 new houses. This compares to 237 dwelling units approved during September 2003, including 224 new houses. The number of dwelling units approved in October 2003 increased by 38.4% from the 172 approvals recorded in October 2002.
At current prices, the value of total building approved in Tasmania was $57.5m in October 2003, which was 25.5% above the September 2003 figure of $45.8m and 59.3% above the October 2002 figure of $36.1m. Residential building contributed $39.4m and non-residential building $18.1m in October 2003 - see Building Approvals, Australia (cat. no. 8731.0).
In trend terms, the estimate of retail turnover in Australia for October 2003 was $15,515.8m, a 7.6% increase from the October 2002 estimate of $14,413.8m. In trend terms, the estimate of retail turnover in Tasmania for October 2003 was $332.6m, a 12.7% increase from the October 2002 estimate of $295.1m - see Retail Trade, Australia (cat. no. 8501.0).
In October 2003, monthly movements of trend estimates showed only slight change in the three livestock slaughtering series, with cattle and calves up by 1.1%, sheep and lambs down by 1.6% and pigs little changed from September 2003.
The trend estimate for the number of cattle and calves slaughtered in October 2003 was 21,500, up by 7.6% on the estimate for October 2002 and up by 24.5% on the estimate for October 2001.
The trend estimate for the number of sheep and lambs slaughtered in October 2003 was 67,200, up by 13.3% on the estimate for October 2002, but little changed from the estimate for October 2001.
The trend estimate for the number of pigs slaughtered in October 2003 was 3,900, down by 8.5% on the estimate for October 2002 and down by 20.1% on the estimate for October 2001.
The value of Tasmania's exports for the month of October 2003 was $184m, an increase of 9% on the month of September 2003. Australia's exports for October 2003 totalled $9,109m.
Tasmania's major export destinations for the month of October 2003 were Japan ($46.1m), Hong Kong ($23.7m) and Korea ($18.1m). Major commodity groups exported for the month were non-ferrous metals ($57.7m), metallic ores and metal scrap ($13.2m) and fish, crustaceans and molluscs ($12.5m).
CONSUMER PRICE INDEX
The Consumer Price Index (All groups) for Hobart increased by 0.2% in the September quarter of 2003. Brisbane recorded the largest increase (1.1%) while Darwin recorded a decrease (–0.1%). The weighted average of the eight capital cities increased by 0.6%.
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