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1301.0 - Year Book Australia, 2008  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/02/2008   
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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, gross domestic product (GDP), is measured by gross value added (GVA). Information on the relationship between industry GVA and GDP is provided in the Industry structure and performance chapter.

Table 24.1 shows the GVA (in volume terms) for each industry subdivision (as defined in the Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 (1292.0)) within the Transport and storage industry. Between 2004-05 and 2005-06, Transport and storage industry GVA rose by 2.6%.

24.1 TRANSPORT AND STORAGE INDUSTRY(a), Gross value added(b)

2004-05
2005-06
ANZSIC Subdivision
$m
$m

Road transport
13 872
14 638
Air and space transport
5 866
6 193
Rail, pipeline and other transport
5 553
5 658
Transport services and storage(c)
15 675
15 549
Total transport and storage
40 966
42 037

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


All industry subdivisions except transport services and storage had increases in GVA (in volume terms) between 2004-05 and 2005-06. Air and space transport recorded the greatest increase in GVA (5.6%), followed closely by Road transport (5.5%), and Rail, pipeline and other transport (1.9%). Transport services and storage (which includes water transport) GVA fell by 0.8% between 2004-05 and 2005-06.

Between 2005-06 and 2006-07 Transport and storage total employment increased from 461,400 to 471,000 people (table 24.2). Water transport employment rose by 2,300 (19%), storage increased 3,800 (8.4%) and road transport rose 11,300 (5.2%). Over the same period, employment in rail transport decreased by 11% to 35,300 people, and air and space transport employment decreased by 5.5% to 49,900 people.

24.2 TRANSPORT AND STORAGE INDUSTRY(a), Employment(b)

2005-06
2006-07
ANZSIC Subdivision
'000
'000

Road transport
218.4
229.7
Rail transport
39.8
35.3
Water transport
12.2
14.5
Air and space transport
52.8
49.9
Other transport
*0.8
*0.2
Services to transport
80.7
80.9
Storage
44.8
48.6
Transport and storage n.f.d.(c)
11.9
11.9
Total transport and storage
461.4
471.0

* estimate has a relative standard error of 25% to 50% and should be used with caution
(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, Quarterly (6291.0.55.003).


In 2004-05 the Transport and storage industry had 126,727 operating businesses, compared with 123,060 in 2003-04 (table 24.3). These businesses generated $2,266 million (m) from the sale of goods, and $91,337m in income from services, an increase of 7.8% and 14% respectively, compared with 2003-04. Capital expenditure in 2004-05 was $9,279m, and industry value added $41,791m. The profit margin for the industry was 7.9% in 2004-05, compared with 4.5% in 2003-04, and 80% of businesses made a profit in 2004-05 while 20% made a loss.

24.3 TRANSPORT AND STORAGE INDUSTRY, Selected indicators

2003-04
2004-05

Operating businesses
Employing no.
36 728
37 382
Non-employing no.
86 332
89 345
Total no.
123 060
126 727
Sales of goods $m
2 103
2 266
Income from services $m
80 255
91 337
Capital expenditure $m
8 984
9 279
Industry value added $m
36 893
41 791
Profit margin %
4.5
7.9
Business profitability
Businesses that made a profit %
80.4
79.6
Businesses that broke even %
0.9
0.9
Businesses that made a loss %
18.7
19.5

Source: Australian Industry (8155.0).


Transport and storage industry production (in volume terms) more than doubled between 1987-88 and 2005-06 (graph 24.4).

24.4 Transport and storage production(a)(b)
Graph: 24.4 Transport and storage production(a)(b)

Wages and salaries for the Transport and storage industry in 2004-05 were $18,479m. Total income was $102,850m, total paid expenses $95,223m, while operating profit before tax was $7,627m (table 24.5). Road transport was the largest component industry, with 36% of the industry's wages and salaries and operating profit before tax, and 35% of total income and total expenses.

24.5 TRANSPORT AND STORAGE INDUSTRY, Selected performance measures - 2004-05

ANZSIC Subdivision
Road transport
Rail transport
Water transport
Air and space transport
Other transport
Services to transport
Storage
Total
$m
$m
$m
$m
$m
$m
$m
$m

Wages and salaries(a)
6 720
2 621
535
2 872
185
4 477
1 068
18 479
Total income
35 689
9 939
3 023
15 582
2 251
31 627
4 740
102 850
Total expenses
32 972
8 990
2 909
14 442
2 085
29 405
4 419
95 223
Operating profit before tax
2 730
937
*126
1 118
167
2 224
*325
7 627

* estimate has a relative standard error of 25% to 50% and should be used with caution
(a) Includes capitalised wages and salaries; excludes the drawings of working proprietors.
Source: Australian Industry (8155.0).





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