1301.0 - Year Book Australia, 2008
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/02/2008
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Manufacturing broadly relates to the physical or chemical transformation of materials or components into new products, whether the work is performed by power-driven machinery or by hand. Manufacturing covers a range of production techniques ranging from computer-assisted production using robots to production of fine jewellery by hand.
The Manufacturing industry contributed a little over 10% to Australia's gross domestic product in 2005-06. Although the value of Manufacturing industry gross value added has grown by 17% over the last ten years, the industry's share of the total production of goods and services in the economy has fallen from 13% to its current level over the period.
In May 2007 there were 1,086,700 people working in the Manufacturing industry (including both full-time and part-time workers). This represented 10% of total people employed. The majority of those employed within the Manufacturing industry were full-time workers (87%) and male (75%).
The Manufacturing industry dominates Australia's merchandise exports, accounting for 51% of the total value of exports by industry of origin in 2006-07.