1301.0 - Year Book Australia, 2007
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2007
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Manufacturing broadly relates to the physical or chemical transformation of materials or components into new products, whether the work is performed by power-driven machinery or by hand. Manufacturing covers a range of production techniques ranging from computer-assisted production using robots to production of fine jewellery by hand.
The Manufacturing industry contributed a little over 11% to Australia's gross domestic product in 2004-05. Although the value of Manufacturing industry gross value added has grown by 19% over the last ten years, the industry's share of the total production of goods and services in the economy has fallen from 14% to its current level over the period.
In May 2006 there were 1,061,500 people working in the Manufacturing industry (including both full-time and part-time workers). This represented 10% of total people employed. The majority of those employed within the Manufacturing industry were full-time workers (87%) and male (74%).
The Manufacturing industry dominates Australia's merchandise exports, accounting for 49% of the total value of exports by industry of origin in 2005-06.