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Australia Yearbook - 2001

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Chapter 20—Construction 733<br />

20.3 CONSTRUCTION INDUSTRY, Summary of Performance by State/Territory—1996–97<br />

Selected indicators Units NSW Vic. Qld SA WA Tas. NT ACT Aust.<br />

Operating<br />

businesses—June<br />

1997 ’000 64.7 46.0 39.3 13.4 21.4 4.7 1.6 3.2 194.3<br />

Employment—June<br />

1997 ’000 163.8 114.5 98.6 32.2 55.4 9.8 3.5 6.2 484.1<br />

Wages and salaries $m 2 804.2 2 054.9 1 684.6 428.4 998.9 90.4 50.9 67.6 8 179.8<br />

Turnover $m 18 002.8 14 147.6 13 490.9 4 180.4 6 215.3 620.2 370.2 *871.3 57 898.8<br />

Total income $m 18 363.4 14 247.9 13 600.8 4 221.8 6 287.0 629.6 367.1 *877.0 58 594.7<br />

Total operating expenses $m 16 720.5 13 211.0 12 377.0 3 930.9 5 538.7 508.3 321.4 *790.3 53 398.1<br />

Operating profit before<br />

tax $m 1 796.7 1 085.9 1 234.6 331.2 772.7 123.4 49.8 *70.4 5 464.6<br />

Profit margin % 10.0 7.7 9.2 7.9 12.5 19.9 13.5 8.1 9.5<br />

Total assets $m 9 419.6 6 127.2 6 065.1 1 487.7 2 130.8 105.1 *117.7 111.7 25 565.0<br />

Total liabilities $m 6 314.8 3 695.7 3 916.4 863.3 1 608.6 *63.1 *73.7 *83.6 16 619.1<br />

Source: Private Sector Construction Industry, <strong>Australia</strong> (8772.0).<br />

20.4 CONSTRUCTION INDUSTRY, Operating Businesses and Employment<br />

by State/Territory—June 1997<br />

NSW<br />

Vic.<br />

Qld<br />

SA<br />

WA<br />

Tas.<br />

NT<br />

ACT<br />

Operating businesses<br />

Employment<br />

0 50 100 150 200<br />

'000<br />

Source: Private Sector Construction Industry, <strong>Australia</strong> (8772.0).<br />

Trends in construction<br />

activity<br />

Trends over recent years in the level of activity<br />

of the construction industry as a whole are shown<br />

in table 20.5, which shows the value of work<br />

done, in chain volume terms, by kind of activity.<br />

Chain volume measures show changes in value<br />

after the direct effects of price changes have been<br />

eliminated. The table illustrates that, in 1998–99,<br />

residential construction accounted for 38% of the<br />

activity, with engineering construction accounting<br />

for a further 35%, and non-residential<br />

construction for the remaining 26%. These were<br />

similar to the proportions in 1997–98, with<br />

residential and engineering construction both<br />

growing by 8% over the period and<br />

non-residential construction growing slightly<br />

less (by 5%).<br />

The table also illustrates how the pattern of<br />

building activity changes over time. The pattern<br />

was very different in 1993–94. In that year,<br />

residential building accounted for 45% of total<br />

construction activity, non-residential building<br />

contributed just under a quarter of activity<br />

(22%) and engineering construction the<br />

remaining 32%. By 1996–97, the proportion of<br />

total construction activity occurring in residential<br />

building had declined, replaced by growth in the<br />

proportion of total activity coming from<br />

non-residential building and engineering<br />

construction. Engineering construction has<br />

increased its proportion of total construction<br />

activity over the past eight years.<br />

Graph 20.6 shows the data from table 20.5 in a<br />

longer time series. It shows the decline in the<br />

value of residential construction from mid<br />

1995, followed by a steady recovery from about<br />

mid 1997.

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