INCOME AND EXPENDITURE
For the Total selected industries, total income increased in current price terms by $186b (9%) between 2004-05 and 2005-06, to $2,153b. Of this increase, sales of goods accounted for $80b, income from services (excluding rent, leasing and hiring income) $79b, and rent, leasing and hiring income $11b. The total income of large (employing) businesses increased by $81b (11%), and for other business types it increased by $105b (9%). All industries increased total income in current price terms, the largest percentage increase (30%) having occurred in the Mining industry.
Total expenses of the Total selected industries increased in current price terms by $144b (8%) between 2004-05 and 2005-06, to $1,940b. Of this increase, cost of sales accounted for $106b and selected labour costs $30b. The increase in total expenses among large (employing) businesses amounted to $70b (10%); for other business types, total expenses increased by $77b (7%). All industries recorded increases in total expenses in current price terms. As with total income, the largest percentage increase (20%) occurred in the Mining industry. By contrast, Retail trade incurred the smallest percentage increase (2%) in total expenses.
In 2005-06, the industries with the largest share of total income for the Total selected industries were Manufacturing and Wholesale trade (each with 17%), followed by Retail trade and Property and business services (15% each). On the expense side, the same industries predominate: Wholesale trade (18%), Manufacturing (17%), Retail trade (16%) and Property and business services (13% of the total expenses of the Total selected industries).
The contribution of large (employing) businesses to both total income and total expenses of the Total selected industries was 39% in 2005-06. Small (employing) businesses contributed 27% to both variables, medium (employing) businesses accounted for 22% of total income and 23% of total expenses, and non-employing businesses contributed 12% and 11% respectively. These proportions are very similar to those of previous years.
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