- Estimates in this issue cover the performance of selected industries compiled from the annual Economic Activity Survey (EAS) and from Business Activity Statement (BAS) data reported to the Australian Taxation Office (ATO) expressed in current prices.
- Employment is reported at the end of June 2019.
- Financial items are reported for the financial year ending June. However, estimates are not adjusted for situations where businesses report to the ABS on an off-June reporting year and can be impacted by price fluctuations. This particularly impacts estimates for the Mining industry (see below). For a limited range of estimates adjusted to a June financial year basis, see the 'Off-June adjusted estimates by subdivision' data cube. For more information about the impact of off-June year reporting on estimates, see the Technical note on Off-June Year adjusted estimates in this release.
*See Changes in this release note for information about improvements to estimates for the Health care and social assistance industry.
- For more information on the scope and coverage of the collection for this release, please refer to the Explanatory Notes.
The Mining industry experienced large growth in 2018-19, compared to 2017-18, across all key data items:
- EBITDA for the Mining industry grew 32.2% ($33.7b).
- The Export Price Index for Mining grew 21.4% between the 2017-18 and 2018-19 financial years, and 9.0% between calendar years 2017 and 2018.
- Large export growth benefitted both the Oil and gas extraction and Metal ore mining industry subdivisions, with EBITDA increasing for these subdivisions by 73.3% ($19.3b) and 21.0% ($10.6b) respectively.
- Coal mining EBITDA grew 12.8% ($3.4b) compared to 41.9% ($7.8b) in 2017-18.
- Employment for the Mining industry increased by 10,000 people (5.9%) driven by growth in the Metal ore mining subdivision which increased employment by 6,000 people (9.0%).
For more detailed financial performance information on the Mining industry please refer to the 'Mining industry' data cube.
Estimates for the Mining industry largely reflect calendar year reporting for 2018.
The Manufacturing industry experienced growth in most key data items in 2018-19, compared to 2017-18:
- The Manufacturing industry saw growth with EBITDA increasing by 9.1% ($3.3b).
- EBITDA growth was driven mainly by Primary metal and metal product manufacturing (with growth of 25.3% or $1.4b) and Machinery and equipment manufacturing (30.4% or $1.1b).
- The Food product manufacturing subdivision was also a contributor to growth, benefitting from increased exports. EBITDA for this subdivision increased by 13.9% ($882m).
- Wages and salaries increased in the Manufacturing industry by 4.8% ($2.7b) along with an increase in employment of 14,000 people (1.7%).
In 2018-19 the Construction industry saw growth across most key data items compared to 2017-18:
- The Construction industry EBITDA grew 5.4% ($2.5b), driven by the Construction services subdivision which saw EBITDA increase by 6.3% ($1.6b).
- The Building construction subdivision saw growth with EBITDA increasing by 3.3% ($0.5b), however this growth has slowed since 2017-18 when EBITDA increased by 10.0% ($1.5b).
Health care and social assistance
- This growth is reflected in the 2.9% increase in the value of building work done in Australia, a subdued result compared to the 7.8% growth observed in the 2017-18 financial year.
The Health care and social assistance industry experienced growth across most key data items in 2018-19, compared to 2017-18:
- EBITDA grew 7.2% ($1.9b), driven by the Medical and other health care services subdivision which increased by 9.8% ($2.1b).
- The Health care and social assistance industry recorded the largest employment growth of all industries increasing by 109,000 people (9.0%).
- Driving employment growth were the Residential care services and Social assistance services subdivisions, increasing by 44,000 people (15.8%) and 36,000 people (9.2%) respectively.
Refer to the Health care and social assistance section in this release for more information relating to this industry.
Information media and telecommunications (IMT)
Unlike most other industries, IMT reported a fall of 10.8% in EBITDA (down $2.1b) in 2018-19, compared to 2017-18:
- The $2.1b decline in EBITDA was driven by the Telecommunications services and Broadcasting (except internet) subdivisions which reported falls of $1.8b and $1.1b respectively.
- This was partially offset by the Internet service providers, web search portals and data processing services subdivision which saw a rise of $809m in EBITDA.
- Although employment declined slightly 1,000 people (down 0.6%), wages and salaries increased 6.2% ($951m), driven by Telecommunications services which reported a rise of 13.7% ($932m).