National Regional Profile: Launceston (C) (Local Government Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/04/2010 CLASSIFICATIONS CODE: LGA64010   
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Economy ECONOMY

2004
2005
2006
2007
2008

ESTIMATES OF UNEMPLOYMENT - June quarter

Unemployed persons no.
2 534
1 805
1 812
1 884
1 788
Unemployment rate %
8.2
5.8
5.7
6.0
5.6

TAXATION STATISTICS - year ended 30 June

Non-taxable individuals no.
-
-
6 272
7 545
-
Taxable income (non-taxable individuals) $m
-
-
47.3
65.1
-
Average taxable income (non-taxable individuals) $
-
-
7 547
8 627
-

Taxable individuals no.
-
-
27 954
27 157
-
Taxable income (taxable individuals) $m
-
-
1 109.9
1 182.6
-
Average taxable income (taxable individuals) $
-
-
39 703
43 547
-

Taxable and non-taxable individuals no.
-
-
34 226
34 702
-
Taxable income (taxable and non-taxable individuals) $m
-
-
1 157.2
1 247.7
-
Average taxable income (taxable and non-taxable individuals) $
-
-
33 811
35 955
-

SELECTED GOVERNMENT PENSIONS & ALLOWANCES - at 30 June

Age Pension - Centrelink no.
6 809
6 927
6 904
6 968
7 226
Age Pension - DVA no.
5
5
np
18
18
Carers Payment no.
np
np
np
np
np
Disability Support Pension no.
np
np
np
np
np
Newstart Allowance no.
np
np
np
np
np
Parenting Payment - Single no.
np
np
np
np
np
Youth Allowances no.
np
np
np
np
np

Newstart Allowance - more than 365 days %
np
np
np
np
np

ESTIMATES OF PERSONAL INCOME - year ended 30 June

Average Wage and salary income $
30 980
32 080
33 322
34 627
-
Average Own unincorporated business income $
15 257
15 503
15 371
15 639
-
Average Investment Income $
5 797
6 599
6 949
7 979
-
Average Superannuation and annuity income $
17 920
18 844
20 379
22 078
-
Average other income (excl. Government pensions & allowances) $
2 557
2 805
2 512
2 712
-

Total income (excl. Government pensions & allowances) $m
997.0
1 079.1
1 142.8
1 231.2
-

WAGE AND SALARY EARNERS BY SEX - year ended 30 June

Males %
52.2
51.8
51.5
50.8
-
Females %
47.8
48.2
48.5
49.2
-

WAGE AND SALARY EARNERS BY AGE - year ended 30 June

Aged 15 years to 24 years %
20.3
20.8
20.9
20.4
-
Aged 25 years to 34 years %
22.2
21.9
21.4
21.3
-
Aged 35 years to 44 years %
23.2
22.5
22.3
21.9
-
Aged 45 years to 54 years %
21.4
21.3
21.4
21.9
-
Aged 55 years to 64 years %
11.0
11.5
12.0
12.3
-
Aged 65 years and over %
1.9
2.0
2.1
2.2
-

WAGE AND SALARY EARNERS BY OCCUPATION - year ended 30 June

Managers and Administrators %
6.9
6.8
6.8
6.7
-
Professionals %
16.8
16.7
16.5
16.8
-
Associate Professionals %
5.9
5.9
6.0
6.6
-
Tradespersons and Related Workers %
9.7
9.8
9.6
9.6
-
Advanced Clerical and Service Workers %
1.8
1.7
1.5
1.5
-
Intermediate Clerical, Sales and Service Workers %
18.4
18.7
18.6
18.4
-
Intermediate Production and Transport Workers %
6.8
6.7
6.6
6.5
-
Elementary Clerical, Sales and Service Workers %
11.0
11.2
11.1
11.2
-
Labourers and Related Workers %
12.0
12.3
12.1
11.7
-
Not Stated %
10.7
10.2
11.3
11.0
-

ESTIMATES OF HOUSEHOLD WEALTH - year ended 30 June

Net worth per household $'000
271.5
-
-
-
-
Aggregate household net worth $m
7 281.4
-
-
-
-
Equivalised net worth $'000
184.3
-
-
-
-
Assets per household $'000
299.3
-
-
-
-
Liabilities per household $'000
27.8
-
-
-
-
Debt to asset ratio %
9.3
-
-
-
-

COUNTS OF BUSINESSES, INCLUDING ENTRIES AND EXITS

Number of Businesses - at 30 June

Non-employing businesses no.
3 027
2 916
2 904
2 931
-
Employing businesses: 1 to 4 employees no.
984
1 098
1 188
1 260
-
Employing businesses: 5 or more employees no.
1 041
1 107
1 110
1 134
-
Total businesses no.
5 052
5 121
5 202
5 325
-

Business Entries - year ended 30 June

Non-employing business entries no.
525
462
441
486
-
Employing business entries no.
252
255
294
225
-
Total business entries no.
777
717
735
711
-

Business Exits - year ended 30 June

Non-employing business exits no.
555
609
396
405
-
Employing business exits no.
33
60
168
129
-
Total business exits no.
588
669
564
534
-