National Regional Profile: Mount Magnet (S) (Statistical Local Area)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/11/2006 CLASSIFICATIONS CODE: 535105810   
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ECONOMY CHARACTERISTICS

2000
2001
2002
2003
2004
ESTIMATES OF UNEMPLOYMENT - September quarter
Unemploymentno.
na
na
51
41
41
Unemployment rate%
na
na
10.5
8.4
8.5
LOCAL GOVERNMENT FINANCE - year ended 30 June
Total revenue$'000
14,523.0
4,035.0
4,155.0
2,825.0
3,055.0
Total expenses$'000
2,168.0
2,768.0
2,851.0
2,964.0
3,244.0
GFS net operating balance$'000
12,355.0
1,267.0
1,304.0
-139.0
-189.0
Total assets$'000
27,944.0
29,146.0
30,019.0
78,239.0
77,988.0
Total liabilities$'000
272.0
206.0
213.0
414.0
401.0
GFS net worth$'000
27,672.0
28,940.0
29,806.0
77,825.0
77,587.0
Net debt$'000
-463.0
-215.0
-221.0
54.0
-67.0
SELECTED INCOME SUPPORT CUSTOMERS - at June
Age pensionno.
na
na
25
23
na
Disability support pensionno.
na
na
na
25
na
Newstart allowanceno.
na
na
42
40
na
Parenting payment - singleno.
na
na
21
25
na
Youth allowanceno.
na
na
na
na
na
Other pensions and allowancesno.
na
na
23
na
na
Total selected income support customersno.
na
na
134
153
na
Percentage of long-term newstart allowance customers%
na
na
na
na
na
AVERAGE INDIVIDUAL ANNUAL TAXABLE INCOME
Average individual annual taxable income$
38,962
41,325
41,746
43,134
na
WAGE AND SALARY EARNERS - year ended 30 June
Wage and salary earnersno.
293
270
280
265
na
Wage and salary income$m
10.5
10.2
10.4
10.6
na
Total income$m
10.7
10.4
10.8
10.8
na
Average wage and salary income$
35,853
37,680
37,269
39,933
na
Average total income$
36,444
38,595
38,490
40,568
na
SOURCE OF PERSONAL INCOME - year ended 30 June
Wage and salary%
77.3
73.2
na
na
na
Own unincorporated business%
8.8
10.0
na
na
na
Investment%
2.4
3.3
na
na
na
Superannuation and annuity%
0.0
0.0
na
na
na
Government cash benefit%
11.4
12.9
na
na
na
Other income%
0.1
0.5
na
na
na
Total personal income from all sources$m
14.0
14.0
na
na
na