Australia Yearbook - 2001

724 Year Book Australia 2001
19.17 PRICE INDEXES, Articles Produced by Manufacturing Industries(a)(b)
Industry 1992–93 1993–94 1994–95 1995–96 1996–97 1997–98 1998–99 1999–00
Food, beverages & tobacco 108.8 112.8 115.2 117.8 117.8 117.8 122.6 125.1
Textiles & textile products 98.6 99.0 102.3 103.0 103.0 103.0 102.9 103.8
Knitting mills, clothing, footwear
and leather 108.2 109.2 110.2 113.2 113.2 113.2 117.9 119.5
Log sawmilling and other wood
products 106.1 113.3 116.6 116.2 116.2 116.2 121.0 126.0
Paper and paper products 111.2 109.0 108.8 113.0 113.0 113.0 110.4 111.3
Printing, publishing and recorded
media 116.3 119.7 123.9 132.3 132.3 132.3 143.6 148.9
Petroleum and coal products 121.5 107.5 102.1 105.5 105.5 105.5 86.8 137.5
Chemicals 106.5 105.7 108.9 112.2 112.2 112.2 110.8 111.7
Rubber and plastics 105.6 107.0 108.9 112.8 112.8 112.8 114.0 114.9
Non-metallic mineral products 109.7 111.1 114.3 114.7 114.7 114.7 117.1 117.5
Basic metal products 95.3 94.6 101.6 104.1 104.1 104.1 98.7 104.8
Fabricated metal products 106.3 106.4 107.7 110.5 110.5 110.5 113.6 115.2
Transport equipment and parts 109.9 112.8 114.3 115.9 115.9 115.9 117.8 119.6
Electronic equipment and other
machinery 104.9 105.5 106.8 107.9 107.9 107.9 109.1 109.9
Other manufacturing 109.3 111.7 114.4 117.3 117.3 117.3 121.4 123.8
All Manufacturing Industry
Index 107.3 108.5 110.9 113.7 113.7 113.7 115.6 120.6
(a) Reference base year 1989–90 = 100.0. (b) For a full description of Division C, Manufacturing and the subdivisions within the
Manufacturing Division, see Australian and New Zealand Standard Industrial Classification (ANZSIC) (1292.0), 1993 edition.
Source: Price Indexes of Articles Produced by Manufacturing Industry, Australia (6412.0).
Research and experimental
development (R&D)
Research and experimental development
(R&D) activity, in the business context, is defined
as systematic investigation or experimentation
involving innovation or technical risk, the
outcome of which is new knowledge, with or
without a specific practical application or new or
improved products, processes, materials, devices
or services. R&D activity also extends to
modifications to existing products/processes.
In 1998–99, manufacturing industry accounted
for slightly less than 50% of R&D expenditure by
all industries (down from 54% in 1997–98).
As table 19.18 shows, between 1997–98 and
1998–99 there was a fall of 7% in R&D
expenditure within the manufacturing industry,
from $2,142m to $1,983m. Of those subdivisions
which decreased their R&D expenditure, the
most significant falls were $64m (15%) in Motor
vehicle and part and other transport equipment
manufacturing, and $62m (19%) in Metal product
manufacturing. This was partly offset by rises in
four industries, the most significant being
$26m (14%) by Food, beverage and tobacco
manufacturing.
Industries contributing the most to
manufacturing R&D expenditure in 1998–99
were Electronic and electrical equipment and
appliance manufacturing (19%), Motor vehicle
and part and other transport equipment
manufacturing (19%) and Petroleum, coal,
chemical and associated product manufacturing
(17%). Together, these industries account for
55% of total R&D expenditure of the
manufacturing industry sector.
Table 19.19 shows that, of the manufacturing
industry’s total R&D expenditure for 1998–99,
11% was on capital expenditure, 42% on labour
costs and 47% on other current expenditure.
The Food, beverage and tobacco manufacturing
and Metal product manufacturing industries
devoted the highest proportion of their total
R&D expenditure to capital expenditure (each
devoting 22%). Metal product manufacturing
accounted for the highest share (27%) of total
capital expenditure on R&D by manufacturing
industries.
While labour costs accounted for 42% of total
R&D expenditure by manufacturing industries
overall in 1998–99, they accounted for 54% of
R&D expenditure by the Industrial machinery
and equipment manufacturing industry.