SUMMARY OF DATA
INDUSTRY VALUE ADDED (IVA)
The Australian manufacturing industry produced $107.3b of IVA in 2007-08. The Food Product Manufacturing subdivision contributed the most significant amount with $16.1b, followed by Primary Metal and Metal Product Manufacturing with $15.6b. From a finer level perspective, of the classes available for publication, Iron Smelting and Steel Manufacturing contributed the most at $4.5b followed by Aluminia Production at $4.3b.
In 2007-08, IVA for the manufacturing industry went up by $5.5b (5.4%) compared to 2006-07. The Food Product Manufacturing subdivision contributed most to the increase with a rise in IVA of $1.2b (7.8%). The classes available for publication that drove the increase were Iron Smelting and Steel Manufacturing with $699m (18.6%), followed by Petroleum Refining and Petroleum Fuel Manufacturing with $670m (29.3%) increase.
The class available for publication with the strongest IVA decline from 2006-07 to 2007-08 was Alumina Production with a decrease of $157m (-3.5%), followed by Aluminium Smelting with a decrease of $150m (-6.6%).
SALES AND SERVICE INCOME
In Australia, the manufacturing industry produced $395.7b Sales and Service Income in 2007-08 with the Food Product Manufacturing ($67.7b) and Primary Metal and Metal Product Manufacturing ($65.7b) subdivisions being the highest contributors. The largest contributors, available for publication, at the finer class level were Petroleum Refinery and Petroleum Fuel Manufacturing ($36.5b) and Other Basic Non-Ferrous Metal Product Manufacturing ($18.2b).
Between 2006-07 and 2007-08 Sales and Service Income for the manufacturing industry increased by $18.4b (or 4.9%). The subdivision which contributed most to this increase was Primary Metal and Metal Product Manufacturing with an increase of $4.4b (or 7.2%). The classes available for publication driving the increase were Iron Smelting and Steel Manufacturing with an increase of $2.6b (or 18.2%) and Cheese and Other Dairy Product Manufacturing with an increase of $1.2b (or 14.4%).
Conversely, there was only one subdivision which reported a decrease in Sales and Services Income, namely Beverage and Tobacco Product Manufacturing with a negative movement of $929m or (-5.5%). The two classes available for publication which reported the largest decrease were Wine and Other Alcoholic Beverage Manufacturing with a decrease of $1.0b (or -16.5%) and Sugar Manufacturing with a decrease of $0.7b (or -24.8%).
WAGES AND SALARIES
The Australian manufacturing industry outlayed $52.7b in Wages and Salaries during 2007-08. The Food Product Manufacturing subdivision accounted for $9.4b, followed by Machinery and Equipment Manufacturing subdivision with $6.3b. This was driven by the available classes of Printing ($2.2b) and Iron Smelting and Steel Manufacturing ($1.7b).
Wages and Salaries rose by $2.6b (or 5.1%) between 2006-07 and 2007-08, driven by the Food Product Manufacturing subdivision which increased $781m (or 9.0%). Of the classes available for publication, the largest increase was recorded by Structural Steel Fabricating with $251m (or 22.5%), followed by Bakery Product Manufacturing (non-factory based) with $133m (or 18.1%).
The largest decline in a class available for publication between 2006-07 and 2007-08 was recorded by Motor Vehicle Manufacturing down $98m (or -5.54%) followed by Glass and Glass Product Manufacturing down $65m (or -16.0%).
Print Page
Print All