Slides 2006 fin year web3

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Department of Industry and ResourcesStatistics and Economics: 

Department of Industry and Resources Statistics and Economics

Gross State Product (GSP) Per Capita for 2005-06, current dollars: 

Gross State Product (GSP) Per Capita for 2005-06, current dollars Source: Australian Bureau of Statistics

Western Australian Annual Output Growth: 

Western Australian Annual Output Growth Source: Australian Bureau of Statistics

Total Factor Income (contribution to GSP) By Industry 2005-06, current dollars: 

Total Factor Income (contribution to GSP) By Industry 2005-06, current dollars Source: Australian Bureau of Statistics

Employment By Industry Sector Western Australia: 

Employment By Industry Sector Western Australia Source: Australian Bureau of Statistics *Employment figures are in ‘000s

Commodity Price Index: 

Commodity Price Index Source: Reserve Bank of Australia The Reserve Bank of Australia Commodity Price Index is based on the price of 19 major commodities exported by Australia. These commodities collectively account for three-fifths of total commodity exports. The index is apportioned into three sections rural, non rural and base metals. The non-rural index comprises base metals (which consist of aluminium, copper, nickel, zinc and lead), gold, coking coal, steaming coal, iron ore, alumina and LNG. The RBA index is a fixed weight Laspeyres index using 2001-02 as the base year and excludes crude oil. The index is compiled monthly and is expressed in US dollars, Australian dollars and Special Drawing Rights (SDR). SDR is a unit of account used by the International Monetary Fund (IMF). Its value is based on a basket of currencies comprising the Euro, Japanese yen, English Pound and US dollar.

RBA Non-Rural Commodity Price IndexIndex year 2001-02 = 100 : 

RBA Non-Rural Commodity Price Index Index year 2001-02 = 100 Source: Reserve Bank of Australia

Average Price Comparisons 2004-05 to 2005-06: 

Average Price Comparisons 2004-05 to 2005-06 Source: LME, Kitco, TEX Report, Metal Prices

Australian to US Dollar Exchange Rates: 

Australian to US Dollar Exchange Rates Source: Reserve Bank of Australia

Consumer Price Index: 

Consumer Price Index Source: Australian Bureau of Statistics

Unemployment and Participation Rates: 

Unemployment and Participation Rates Source: Australian Bureau of Statistics (ABS). The ABS considers trend measures, which remove the irregular component from seasonally adjusted data, as the best guide to underlying movements and the most suitable for business decisions and policy advice.

Industrial Disputes Days Lost Per 1000 Employees: 

Industrial Disputes Days Lost Per 1000 Employees Source: Australian Bureau of Statistics

Global Growth Rates (Real GDP): 

Global Growth Rates (Real GDP) Source : IMF - World Economic Outlook April 2005 * = projected data

Capital ExpenditureWestern Australia and Australia: 

Capital Expenditure Western Australia and Australia Source : Australian Bureau of Statistics.

State Share of Total Australian Merchandise* Exports: 

State Share of Total Australian Merchandise* Exports * = excludes exports of services Source : Australian Bureau of Statistics.

Western Australian Merchandise* Exports Total Value $47.36 Billion, 2005-06: 

Western Australian Merchandise* Exports Total Value $47.36 Billion, 2005-06 * = excludes exports of services Source : Australian Bureau of Statistics.

Total Australian Merchandise* Exportsby state, 2005-06 Financial Year: 

Total Australian Merchandise* Exports by state, 2005-06 Financial Year * = excludes exports of services Source : Australian Bureau of Statistics.

Total Australian Merchandise and Services Exportsby state, 2005-06 Financial Year: 

Total Australian Merchandise and Services Exports by state, 2005-06 Financial Year Source : Australian Bureau of Statistics.

The Western Australian Resources Sector Vital for the Economy: 

The Western Australian Resources Sector Vital for the Economy Contributed over 27% to Gross State Product in 2005-06. At 47.6% Western Australia has the largest share of mineral exploration in Australia. The value of mineral exploration was A$590 million in 2005-06. Over 80% of the State’s merchandise exports, underpinning Western Australia’s impressive trade surplus Western Australia’s capital expenditure on mining equals 64% of total Western Australia capital expenditure in 2005-06 A$43.2 billion in commodity sales in 2005-06 Over A$1.737 billion in mining and petroleum royalties for 2005-06 Source : Department of Industry and Resources, Australian Bureau of Statistics

Employment in the Resource Sector 2005-06: 

Employment in the Resource Sector 2005-06 Employment in Western Australia averaged 1 058 700 persons during 2005-06. Direct employment in the resources sector was approximately 61 000 jobs in 2005-06. Including indirect employment, the total number of people employed in the resources sector was approximately 214 000. Total employment in the resources sector amounted to approximately 20% of state employment. Economic research indicates that 55% of all jobs created in WA in the 1990’s resulted from the expansion of the resources sector. Source : Australian Bureau of Statistics, Department of Industry and Resources and OECD Economic Surveys

Direct Employment in the Western Australian Resources Sector: 

Direct Employment in the Western Australian Resources Sector Source : Department of Industry and Resources.

Mining Investment: 

Mining Investment Source : Australian Bureau of Statistics.

Western Australian Mineral and Petroleum Sales Total Value $43.2 billion, 2005-06: 

Western Australian Mineral and Petroleum Sales Total Value $43.2 billion, 2005-06 * Propane and Butane Source : Department of Industry and Resources.

Petroleum Exports 2005-06Total Value $10.9 billion: 

Petroleum Exports 2005-06 Total Value $10.9 billion Source : Department of Industry and Resources.

Iron Ore Exports 2005-06Total Value $12.7 billion: 

Iron Ore Exports 2005-06 Total Value $12.7 billion Source : Department of Industry and Resources.

Increasing Value of Western Australia’sResource Production - $A Million: 

Increasing Value of Western Australia’s Resource Production - $A Million Source : Department of Industry and Resources.

Value of Major Western Australian Commodities 2004-05 versus 2005-06: 

Value of Major Western Australian Commodities 2004-05 versus 2005-06 Source : Department of Industry and Resources.

Mineral and Petroleum Royalties 2005-06Total Value $1.737 Billion: 

Mineral and Petroleum Royalties 2005-06 Total Value $1.737 Billion Note: All royalty receipts are only those paid into the State’s Consolidated Revenue Fund during the period. It does not include royalty receipts collected on behalf of the Commonwealth. Source : Department of Industry and Resources.

Western Australian Royalties as a Share of State Revenue: 

Western Australian Royalties as a Share of State Revenue Source: WA Treasury Department - Budgetary Papers

Western Australian Mineral and Petroleum Royalties Receipts: 

Western Australian Mineral and Petroleum Royalties Receipts Source : Department of Industry and Resources.

Western Australian Mineral* Exploration Expenditure: 

Western Australian Mineral* Exploration Expenditure *Excludes petroleum exploration expenditure Source: Australian Bureau of Statistics.

Western Australian PetroleumExploration Expenditure: 

Western Australian Petroleum Exploration Expenditure Source: Australian Bureau of Statistics.

Western Australian Resources Production As a Percentage of Total Australian Resource Production: 

Western Australian Resources Production As a Percentage of Total Australian Resource Production Source: Department of Industry and Resources and ABARE.

Western Australian Value of Resources Production: 

Western Australian Value of Resources Production Source : Department of Industry and Resources.

Selected Western Australian Commodities Relative to World Production (by quantity), 2005: 

Selected Western Australian Commodities Relative to World Production (by quantity), 2005 Source: Department of Industry and Resources, ABARE and USGS

Western Australian Value of Selected Commodities: 

Western Australian Value of Selected Commodities Source : Department of Industry and Resources.

Western Australian Share of World Production for 2005 (by quantity): 

Western Australian Share of World Production for 2005 (by quantity) Tantalum 54% Zircon 32% Rutile 26% Ilmenite 18% Alumina 17% Iron Ore 18% Nickel 15% Diamonds (mainly industrial grade) 18% Gold 7% LNG (seaborne trade) 8% Salt 5% Source: Department of Industry and Resources, ABARE and USGS

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