Australian Bureau of Statistics
1301.0 - Year Book Australia, 2008
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/02/2008
|Page tools: Print Page RSS Search this Product|
SELECTED SERVICE INDUSTRIES
Graph 22.4 shows annual growth rates for total retail turnover (in volume terms) from 1996-97 to 2006-07. During this period the four years with the strongest annual growth were 2003-04 (8%), 1999-2000 and 2001-02 (6%) and 2002-03 (5%). The two years of weakest growth occurred in 1996-97 and 2000-01 (1% each). Growth in 2000-01 was affected by the unusual increase in the volume of goods sold in the June quarter 2000, prior to the introduction of GST on 1 July 2000.
In 2005-06 Retail trade industry GVA (in current prices) was $54,810 million (m) or 5.7% of GDP.
The Wholesale trade industry covers those businesses involved in the sale of new or used goods to businesses or to institutional (including government) users. Graph 22.5 shows annual volume measures of total wholesale trade sales.
Travel agency services
The ABS conducted a survey of business organisations mainly engaged in the provision of travel agency services in 2003-04.
At 30 June 2004 there were 2,640 businesses whose main activity was the provision of travel agency services (table 22.6). They consist of 2,396 (91%) businesses mainly engaged in the retailing of travel products, 135 wholesale/ticket consolidator businesses and 109 inbound tour operators.
In 2003-04 travel agencies generated a total income of $2,109m. The major contributor to total income was sale of travel products ($1,935m or 92%), of which $1,823m was earned from ticket sales.
Total expenses incurred by businesses providing travel agency services in 2003-04 were $1,776m. The largest expenditure item was labour costs of $945m which contributed 53% to total expenses. Other major expenses were advertising and brochure expenses of $132m, and rent, leasing and hiring expenses of $130m.
Businesses providing travel agency services recorded a before tax operating profit of $333m for the 2003-04 financial year. This was an overall operating profit margin of 17%. This profit margin varied by type of travel agency. Retail travel agencies had an operating profit margin of 14%, whereas wholesalers/ticket consolidators recorded an operating profit margin of 29% and inbound tour operators had an operating profit margin of 13%.
Travel agency services contributed $1.2 billion to total industry value added in 2003-04.
At 30 June 2004, total employment in travel agencies was 22,609 and was predominantly female (16,236). Full-time employment (17,969 persons) represented 80% of total employment. Working proprietors and partners comprised 4% (854 persons) of all persons employed, and they mainly worked in retail travel agency businesses.
This page last updated 3 June 2010
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.