National Regional Profile: Magnetic Island (Statistical Local Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/07/2008 CLASSIFICATIONS CODE: 345057031   
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ECONOMY

2002
2003
2004
2005
2006
ESTIMATES OF UNEMPLOYMENT - June quarter
Unemployed personsno.
103
122
85
78
57
Unemployment rate%
11.1
11.5
7.4
6.5
4.5
TAXATION STATISTICS - year ended 30 June
Non-taxable individualsno.
246
255
272
266
-
Taxable individualsno.
808
854
859
892
-
Taxable income$m
26.3
30.1
30.8
35.4
-
Average taxable income$
32 525
35 304
35 856
39 715
-
Net tax$m
5.5
6.6
6.7
7.9
-
Average net tax$
6 762
7 736
7 857
8 827
-
Average net tax ratio%
20.8
21.9
21.9
22.2
-
WAGE AND SALARY EARNERS * - year ended 30 June
Wage and salary earnersno.
652
704
713
740
-
Wage and salary income $m
19.7
22.7
23.3
24.6
-
Total income $m
21.2
24.0
25.1
27.0
-
Average wage and salary income$
30 176
32 248
32 635
33 227
-
Average total income$
32 456
34 142
35 259
36 468
-
WAGE AND SALARY EARNERS BY SEX * - year ended 30 June
Males%
52.3
52.3
51.3
50.7
-
Females%
47.7
47.7
48.7
49.3
-
WAGE AND SALARY EARNERS BY AGE * - year ended 30 June
Aged 15 years to 24 years%
12.9
11.4
12.9
15.3
-
Aged 25 years to 34 years%
19.8
19.3
18.4
17.6
-
Aged 35 years to 44 years%
28.1
25.6
23.6
24.6
-
Aged 45 years to 54 years%
26.2
28.8
28.6
25.9
-
Aged 55 years and over%
13.0
14.9
16.5
16.6
-
WAGE AND SALARY EARNERS BY OCCUPATION * - year ended 30 June
Managers and Administrators%
-
8.3
7.6
8.5
-
Professionals%
-
17.4
19.1
18.4
-
Associate Professionals%
-
10.2
10.7
8.0
-
Tradespersons and Related Workers%
-
11.6
9.6
11.6
-
Advanced Clerical and Service Workers%
-
1.7
1.8
1.9
-
Intermediate Clerical, Sales and Service Workers%
-
17.1
16.9
18.1
-
Intermediate Production and Transport Workers%
-
6.6
5.6
6.2
-
Elementary Clerical, Sales and Service Workers%
-
8.7
9.1
10.7
-
Labourers and Related Workers%
-
9.9
9.1
9.4
-
Not Stated%
-
8.6
10.5
7.3
-
PERSONS WITH OWN UNINCORPORATED BUSINESS * - year ended 30 June
Persons with own unincorporated businessno.
159
153
148
-
-
Own unincorporated business income$m
4.1
4.1
3.6
-
-
Total income$m
4.2
4.3
3.9
-
-
Average own unincorporated business income$
25 922
27 027
24 659
-
-
Average total income$
26 351
27 831
26 076
-
-
COUNTS OF BUSINESS ENTRIES AND EXITS
Number of Businesses - at 30 June
Non-employing businessesno.
-
144
138
117
117
Employing businesses: 1 to 4 employeesno.
-
36
45
51
63
Employing businesses: 5 or more employeesno.
-
36
39
39
36
Total businessesno.
-
216
222
207
216
Business Entries - year ended 30 June
Non-employing businessesno.
-
-
24
12
21
Employing businessesno.
-
-
12
6
9
Total business entriesno.
-
-
36
18
30
Business Exits - year ended 30 June
Non-employing businessesno.
-
-
33
15
27
Employing businessesno.
-
-
0
3
6
Total business exitsno.
-
-
33
18
33
* These data relate to persons for whom this source of income was their principal source of income for the relevant financial year