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Summary by industry
A detailed survey of the construction industry was undertaken for the reference year 1996-97. The survey found that businesses in the construction industry providing predominantly trade services accounted for over 80% of the number of businesses and almost three-quarters of the people working in the industry.
More recent information about the performance of businesses in the industry is available from the ABS Economy Wide Surveys, supplemented by business income tax data.
Table 20.1 presents selected summary measures of performance, for sectors of the construction industry. Profit margin per business was highest in the construction trade services sector. This sector also dominated the number of persons employed in the industry, with 65% of the total.
20.1 CONSTRUCTION INDUSTRY, Summary of Performance by Industry - 1998-99
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| | General construction
| | |
| | Building construction
| | | | |
Selected indicators | Units | Residential
construction | Non-
residential building
construction | Total | Non-building
construction | Total | Construction
trade
services | Total
construction |
|
Employment (1998-99
annual average) | '000 | n.a. | n.a. | 170 | 54 | 224 | 410 | 634 |
Wages and salaries | $m | 891 | 773 | 1,664 | 1,645 | 3,310 | 4,870 | 8,180 |
Total income | $m | 23,121 | 16,272 | 39,393 | 12,380 | 51,772 | 41,761 | 93,533 |
Total operating expenses | $m | 21,040 | 15,643 | 36,683 | 11,894 | 48,577 | 35,319 | 83,896 |
Operating profit before tax | $m | 1,682 | 634 | 2,316 | 524 | 2,840 | 6,423 | 9,264 |
Profit margin | % | 7.3 | 3.9 | 5.9 | 4.2 | 5.5 | 15.4 | 9.9 |
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Source: Australian Industry, Australia (8155.0); Labour Force Estimates (6203.0). |
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Summary by State
Selected statistics by State show that New South Wales had the largest share of construction activity in 1998-99, due to the preparations for the Olympic Games (table 20.2).
20.2 CONSTRUCTION INDUSTRY, Summary of Performance by State - 1998-99
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| | NSW | Vic | Qld | SA | WA | Tas | NT | ACT | Australia |
| | $m | $m | $m | $m | $m | $m | $m | $m | $m |
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Operating income | | | | | | | | | |
| General construction | 20,564 | 10,208 | 10,905 | 2,874 | 4,957 | 537 | 479 | 1,249 | 51,773 |
| Construction trade services | 15,521 | 9,345 | 8,119 | 2,710 | 4,294 | 539 | 469 | 790 | 41,787 |
Operating expenses | | | | | | | | | |
| General construction | 19,634 | 9,588 | 10,193 | 2,378 | 4,638 | 505 | 453 | 1,188 | 48,577 |
| Construction trade services | 13,509 | 7,863 | 6,759 | 2,331 | 3,434 | 434 | 359 | 654 | 35,343 |
Operating profit before
tax | 3,064 | 2,122 | 1,963 | 485 | 1,168 | 136 | 138 | 190 | 9,264 |
Labour Costs | 5,281 | 2,965 | 2,557 | 752 | 1,446 | 159 | 113 | 265 | 13,537 |
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Note: estimates in tables 20.1 and 20.2 differ marginally due to differences in the timing of their production.
Source: Experimental Estimates: Australian Industry, a State Perspective, Australia (8156.0). |
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