Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
8772.0 - Private Sector Construction Industry, Australia, 2002-03  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/12/2004   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

MEDIA RELEASE

December 17, 2004
Embargoed: 11:30 AM (AEST)
175/2004

Australia's Construction Industry generates $140 Billion in income

At $140 billion (b), the income generated by private sector Australian businesses in the construction industry during 2002-03 was equivalent to 5% of Australia's Gross Domestic Product (GDP), according to figures released today by the Australian Bureau of Statistics.

Income from contracting and subcontracting work made up 90% or $126b of the total income ($140b) from the construction industry. Trade Services businesses (e.g. bricklayers, plumbers, electricians) earned $54 billion from contracting/subcontracting work. Non-residential (e.g. factories, commercial buildings) and non-building (e.g. roads, bridges, railways) construction businesses earned $39b, and residential building (e.g. houses, units) businesses earned $32b.

Just over half ($63b or 51%) of the contracting/subcontracting income was generated through the construction of houses or other residential buildings (e.g. apartments, duplexes). Income from the construction of other activity included:
    • Non-residential building - $37b or 30%;
    • Road and bridge construction - $6b or 5%;
    • Other non-building construction (e.g. railways, dams, pipelines) - $19b or 15%.
Private sector businesses were the main source of contracting income for all construction businesses accounting for just under half (46% or $38b) of the total contracting income ($83b). Construction businesses earned $30b (36%) from householders.

A total operating profit before tax of $14b was recorded by construction businesses in 2002-03, resulting in a operating profit margin of 10%.

Most (65%) of the construction businesses were small earning less than $100,000 in income. These small businesses accounted for almost one-third (32%) of total construction industry employment (716,000 people). In contrast, 0.4% of businesses were earning
$10 million or more, with 15% of total employment.


Although the Northern Territory had the smallest resident population in Australia, it generated the highest construction income per head of population at $11,700 per person during 2002-03. This was followed by the Australian Capital Territory ($8,200), Western Australia ($8,100) and Queensland ($7,600). The national average was $7,100.

Further information is in Private Sector Construction Industry, Australia, 2002-03 (cat. no. 8772.0).

Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.