INDUSTRY VALUE ADDED
Industry value added (IVA) for the Total selected industries increased by 12%, or $69b, between 2004-05 and 2005-06. Apart from Communication services, IVA of which eased marginally, all industries increased IVA in current price terms (although some of the increases were similarly marginal). Mining recorded the largest percentage increase, rising 47% from $41b to $60b, followed by Property and business services (up 19%) and Construction (up 16%). In absolute terms, Mining's increase was only slightly below that of Property and business services, which registered the largest increase ($22b).
As measured by IVA, the largest industries in 2005-06 were Property and business services (contributing 21% of the estimate for the Total selected industries), Manufacturing (15%), and Mining and Retail trade (both 9%).
In 2005-06, large (employing) businesses generated 40% of the IVA of the Total selected industries. Small (employing) businesses contributed 28%, medium (employing) businesses 21%, and non-employing businesses 11%. These proportions are identical to those of 2004-05.
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