Economy wyong shire economic overview

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Wyong Shire Council Wyong Shire Economic overview

economic profile

Compiled and presented in economy.id®. http://economy.id.com.au/wyong


Table of contents

About the area Infrastructure and lifestyle assets Gross product Population Local jobs Unemployment Building approvals Employment (FTE) by industry Value add by industry Worker productivity by industry Number of businesses by industry Industry sector analysis Employment locations Workers place of residence by industry Residents place of work by industry Employment capacity Workforce age structure Workforce income quartile About the economic profile

3 5 7 9 10 11 12 13 16 19 21 23 24 27 30 33 36 39 41


About the area Important

GRP

Population

Local jobs

Statistics

$4.68 billion

155,767

51,239

NIEIR 2012

ABS 2012

NIEIR 2012

Largest industry

Local businesses

Employed residents

Retail Trade

8,498

68,025

NIEIR 2012

Business Register 2012

NIEIR 2012

Name origin Wyong is thought to be named from an Aboriginal word meaning "place of running water".

Location and boundaries Wyong Shire is located on the Central Coast of New South Wales, between 60 and 90 kilometres north of the Sydney GPO. Wyong Shire is bounded by Lake Macquarie City and Lake Macquarie in the north, the Tasman Sea and Tuggerah Lake in the east, Gosford City in the south and south­west and Cessnock City in the north­west.

Included areas Wyong Shire encompasses the suburbs and localities of Alison, Bateau Bay, Berkeley Vale, Blue Bay, Blue Haven, Budgewoi, Budgewoi Peninsula, Buff Point, Bushells Ridge, Canton Beach, Cedar Brush Creek, Central Mangrove (part), Chain Valley Bay, Charmhaven, Chittaway Bay, Chittaway Point, Colongra, Crangan Bay (part), Dooralong, Doyalson, Doyalson North, Durren Durren, Fountaindale, Frazer Park, Freemans, Glenning Valley, Gorokan, Gwandalan, Halekulani, Halloran, Hamlyn Terrace, Jilliby, Kangy Angy, Kanwal, Kiar, Killarney Vale, Kingfisher Shores, Kulnura (part), Lake Haven, Lake Munmorah, Lemon Tree, Little Jilliby, Long Jetty, Magenta, Mannering Park, Mardi, Moonee (part), Norah Head, Noraville, Ourimbah, Palm Grove, Palmdale, Point Wolstoncroft, Ravensdale, Rocky Point, San Remo, Shelly Beach, Summerland Point, Tacoma, Tacoma South, The Entrance, The Entrance North, Toowoon Bay, Toukley, Tuggerah, Tuggerawong, Tumbi Umbi, Wadalba, Wallarah, Warnervale, Watanobbi, Woongarrah, Wybung, Wyong, Wyong Creek, Wyongah and Yarramalong.

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Economic region Wyong Shire

Legend Wyong Shire Labour force region

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Compiled and presented in profile.id by .id, the population experts.

Land use Wyong Shire is a growing residential area, with some commercial and industrial land use. Wyong Shire includes the major service centre of Wyong­Tuggerah and numerous townships spread around Tuggerah Lake, Budgewoi Lake, Lake Munmorah and the southern shore of Lake Macquarie. The Shire encompasses a total land area of over 820 square kilometres, including substantial areas of national parks, state forests, coastline and lakes. The western half of the Shire is predominantly rural. Rural land is used mainly for farming, timber­getting and coal mining for electricity generation. Wyong Shire's administrative centre is located in the town of Wyong.

Transport Wyong Shire is served by the Sydney­Newcastle Freeway, the Pacific Highway and the Sydney­Newcastle railway line.

Settlement history European settlement dates from 1825 when the first land grant was made. Land was used mainly for farming and timber getting. Growth was minimal until the 1870s and 1880s, spurred by the opening of the railway line in 1889 and the expansion of tourism. Significant development occurred during the post­war years, aided by the improved access brought about by the construction of the Sydney­Newcastle Freeway in the 1960s, and the expansion of metropolitan Sydney. The population of the Shire grew from about 10,000 in 1947 to nearly 19,000 in 1961, and then to nearly 33,000 in 1971. Rapid growth took place during the 1970s and 1980s, with the population growing from 47,000 in 1976 to 82,000 in 1986. Substantial growth continued during the 1990s, with growth continuing at a slower rate between 2001 and 2011. The enumerated population increased from about 100,000 in 1991 to nearly 148,000 in 2011. (Usual Residence population in 2011 was 149,745).

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Indigenous background The original inhabitants of the Wyong area were the Guringai and Darkinjung Aboriginal people.

Regional labour force Wyong Shire labour force region is defined by an area in which a significant percentage of workers travelled into Wyong Shire to work at the 2011 Census. Details of this calculation and a list of areas included can be found in the data notes.

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Infrastructure Wyong Shire is located on the Central Coast of New South Wales. The Shire encompasses a total land area of over 820 square kilometres. Wyong Shire is a growing residential area, with some commercial and industrial land use. The Shire also has substantial areas of national parks, state forests, coastline and lakes. Wyong Shire includes the major service centre of Wyong­Tuggerah and numerous townships spread around Tuggerah Lake, Budgewoi Lake, Lake Munmorah and the southern shore of Lake Macquarie. The western half of the Shire is predominantly rural. Rural land is used mainly for farming, timber­getting and coal mining for electricity generation. Key employment sectors include retail trade, health care, manufacturing and construction, accommodation and food services, and education. Westfield Tuggerah is the Shire’s largest retail centre, with other significant centres being the Wyong CBD, Bateau Bay Square, Lake Haven Shopping Centre, The Entrance Waterfront Plaza and Toukley Shopping Centre. The Shire also has numerous smaller retail centres. Wyong Shire features one major public hospital (Wyong Hospital), one small public hospital (Long Jetty Health Care Facility), one small private hospital (Berkeley Vale Private Hospital) and several other health facilities (Kanwal Medical Complex, Lake Haven Community Health Centre and Wyong Central Community Health Centre). The main industrial areas are located in the suburbs of Colongra, Doyalson, Jilliby, Mannering Park, Tuggerah and Wyong, including collieries and power stations. Smaller industrial areas are located in the suburbs of Berkeley Vale, Charmhaven, Fountaindale and Warnervale. Wyong Shire features two tertiary institutions (TAFE NSW Hunter Institute ­ Ourimbah and Wyong Campuses, and The University of Newcastle ­ Central Coast Campus) and numerous private and public schools.

Infrastructure Wyong Shire

Legend Wyong Shire Residential Agricultural Commercial Industrial Education Hospital/Medical Parkland Water

Map data ©2014 Google

Source: Australian Bureau of Statistics, Mesh Block Categories 2011. Compiled and presented in profile.id by .id, the population experts.

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NOTE: The land use shown in the map is derived from ABS Mesh Block categories. Mesh Blocks broadly identify land use and are not designed to provide definitive land use. It is purely an indicator of the main planned land use for a Mesh Blocks. For more information please refer to ABS Mesh Block categories.

Transportation Networks Sydney­Newcastle Freeway Pacific Highway

Sydney­Newcastle railway line Warnervale Airport

Distances Sydney GPO 90km Newcastle GPO 70km Sydney Airport 100km

Port Botany 100km Sydney Cove 90km

Major Industrial Precincts Berkeley Vale (southern­most section) Charmhaven (Charmhaven Industrial Area) Colongra (Centennial Coal, Munmorah Colliery, Munmorah Power Station) Doyalson Fountaindale (northern­most section) Jilliby (Bottonderry Waste Management Facility, Warner Industrial Park)

Mannering Park (Chain Valley Colliery, Mannering Colliery, Vales Point Power Station) Tuggerah Business Park Tuggerah Industrial Park Warnervale (north­western section) Wyong (North Wyong Industrial Estate)

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Gross product Gross Regional Product

Source: National Institute of Economic and Industry Research (NIEIR) ©2013. Compiled and presented in economy.id by .id the population experts

Gross Regional Product

Source: National Institute of Economic and Industry Research (NIEIR) ©2013. Compiled and presented in economy.id by .id the population experts

Page 8 of 43


Gross Regional Product (GRP) Wyong Shire

New South Wales

% change from previous year

Wyong Shire as a % of New South Wales

Year (ending June)

GRP $m

GRP $m

% change from previous year

2012

4,679

­0.5 ▼

437,854

+1.7

1.07

2011

4,702

+2.5 ▲

430,449

+2.1

1.09

2010

4,587

+3.5 ▲

421,580

+2.4

1.09

2009

4,430

+1.0 ▲

411,597

+1.8

1.08

2008

4,385

+0.9 ▲

404,145

+3.1

1.09

2007

4,348

­0.3 ▼

392,092

+2.3

1.11

2006

4,363

+0.9 ▲

383,437

+2.0

1.14

2005

4,324

+1.8 ▲

375,811

+2.0

1.15

2004

4,245

+2.6 ▲

368,530

+3.3

1.15

2003

4,139

+2.9 ▲

356,724

+2.3

1.16

2002

4,023

+1.1 ▲

348,554

+1.9

1.15

2001

3,978

­­

342,142

­­

1.16

Source: National Institute of Economic and Industry Research (NIEIR) ©2013. Compiled and presented in economy.id by .id The population experts

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Population Estimated Resident Population (ERP)

Source: Australian Bureau of Statistics, Regional Population Growth, Australia (3218.0). Compiled and presented in economy.id by .id, the population experts

Estimated Resident Population (ERP)

Source: Australian Bureau of Statistics, Regional Population Growth, Australia (3218.0). Compiled and presented by .id the population experts

Page 10 of 43


Annual change in Estimated Resident Population (ERP) Wyong Shire

New South Wales

Year (ending June 30)

Number

Change in number

Change in percent

Number

Change in number

2012

155,767

+1,433

+0.93

5,629,122

2011

154,334

+1,659

+1.09

2010

152,675

+2,275

2009

150,400

2008

Australia

Change in percent

Number

Change in number

Change in percent

+91,305

+1.65 22,710,352

+370,328

+1.66

5,537,817

+76,716

+1.40 22,340,024

+308,274

+1.40

+1.51

5,461,101

+89,167

+1.66 22,031,750

+340,097

+1.57

+2,531

+1.71

5,371,934

+115,559

+2.20 21,691,653

+442,454

+2.08

147,869

+3,642

+2.53

5,256,375

+102,853

+2.00 21,249,199

+421,577

+2.02

2007

144,227

+2,334

+1.64

5,153,522

+92,256

+1.82 20,827,622

+376,656

+1.84

2006

141,893

+1,223

+0.87

5,061,266

+72,020

+1.44 20,450,966

+274,122

+1.36

2005

140,670

+1,172

+0.84

4,989,246

+62,097

+1.26 20,176,844

+244,122

+1.22

2004

139,498

+916

+0.66

4,927,149

+53,340

+1.09 19,932,722

+211,985

+1.07

2003

138,582

+1,730

+1.26

4,873,809

+56,035

+1.16 19,720,737

+225,527

+1.16

2002

136,852

+2,114

+1.57

4,817,774

+54,159

+1.14 19,495,210

+220,509

+1.14

2001

134,738

­­

­­

4,763,615

­­

­­ 19,274,701

­­

­­

Source: Australian Bureau of Statistics, Regional Population Growth, Australia (3218.0). Compiled and presented in economy.id by .id The population experts

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Local jobs Local jobs

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Local jobs Wyong Shire

New South Wales Wyong Shire as a % of New South % change Wales

Year (ending June 30)

Number

% change

Number

2012

51,239

+0.15

3,572,760

+0.62

1.43

2011

51,160

+5.72

3,550,685

+2.68

1.44

2010

48,393

+1.98

3,458,094

+0.83

1.40

2009

47,455

­0.29

3,429,696

+0.62

1.38

2008

47,590

+5.38

3,408,589

+2.89

1.40

2007

45,162

+2.67

3,312,963

+2.12

1.36

2006

43,988

+1.31

3,244,193

+1.91

1.36

2005

43,419

+0.29

3,183,443

+1.17

1.36

2004

43,294

+1.60

3,146,653

+0.88

1.38

2003

42,613

+3.07

3,119,321

+1.91

1.37

2002

41,343

+5.31

3,060,822

+0.74

1.35

2001

39,259

­­

3,038,209

­­

1.29

Source: National Institute of Economic and Industry Research (NIEIR)©, 2011/12

Page 12 of 43


Unemployment Quarterly unemployment rate

Source: Australian Bureau of Statistics, Labour force survey, catalogue number 6202.0, and DEEWR, Small Area Labour Markets ­ Australia. Compiled and presented in economy.id by .id The population experts.

Quarterly unemployment

Source: Australian Bureau of Statistics, Labour force survey, catalogue number 6202.0, and DEEWR, Small Area Labour Markets ­ Australia. Compiled and presented in economy.id by .id The population experts.

Page 13 of 43


Building approvals Value of total building approvals

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Value of total building approvals Wyong Shire

Financial year FYTD (6 mth)

Non­ Residential residential $('000) $('000) 56,649

36,735

2012­13

111,634

2011­12

New South Wales

Non­ Total Residential residential $('000) $('000) $('000) 93,384

­­

­­

Wyong Shire as a % of New Total South $('000) Wales ­­

%

37,824

149,458 12,249,355 8,134,555 20,383,910

0.73%

98,507

54,691

153,198 10,757,699 6,796,499 17,554,198

0.87%

2010­11

124,339

57,433

181,772 10,894,864 6,777,250 17,672,113

1.03%

2009­10

149,445

153,978

303,423 10,185,415 10,692,555 20,877,969

1.45%

2008­09

94,876

135,753

230,629 7,586,280 6,945,495 14,531,775

1.59%

2007­08

142,054

71,532

213,586 9,289,612 9,558,692 18,848,303

1.13%

Source: Australian Bureau of Statistics, Building Approvals, Australia, catalogue number 8731.0. Compiled and presented in economy.id by .id The population experts

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Value add Value added by industry is an indicator of business productivity in Wyong Shire. It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that. To see what contribution each industry makes to the state or region, see the Industry Sector Analysis section. To understand the value of a worker in each industry, view this dataset in conjunction with Worker Productivity data, and to see the relationship of value­added to the total size of the economy, go to the Gross Regional Product section. Detailed notes about how the figures are derived can be found in the specific topic notes section. Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.

Value added by industry sector Wyong Shire ­ Constant prices Industry (Click rows to view sub­categories)

2011/12

2006/07

Change

$m

%

New South Wales%

$m

%

Agriculture, Forestry and Fishing

38.4

1.0

1.9

16.7

0.5

1.3

+21.7

Mining

58.0

1.5

3.7

46.2

1.3

3.3

+11.8

Manufacturing

473.3

12.3

9.1

469.5

13.3

10.0

+3.8

Electricity, Gas, Water and Waste Services

206.4

5.3

3.0

195.6

5.5

3.4

+10.8

Construction

348.6

9.0

6.0

403.6

11.4

5.9

­55.1

Wholesale Trade

162.1

4.2

5.4

119.2

3.4

5.1

+42.9

Retail Trade

322.3

8.4

4.6

289.5

8.2

4.9

+32.8

Accommodation and Food Services

209.6

5.4

3.3

198.0

5.6

3.6

+11.6

Transport, Postal and Warehousing

178.0

4.6

5.5

150.7

4.3

5.5

+27.3

79.6

2.1

4.9

75.8

2.2

4.9

+3.8

Financial and Insurance Services

252.7

6.6

16.3

272.4

7.7

16.3

­19.7

Rental, Hiring and Real Estate Services

126.0

3.3

2.8

130.6

3.7

2.9

­4.6

Professional, Scientific and Technical Services

157.1

4.1

8.5

122.6

3.5

7.5

+34.6

Administrative and Support Services

160.6

4.2

3.4

136.5

3.9

4.3

+24.1

Public Administration and Safety

233.3

6.0

5.4

179.4

5.1

5.4

+53.9

Education and Training

290.3

7.5

5.3

255.8

7.3

5.4

+34.5

Health Care and Social Assistance

404.0

10.5

7.5

315.0

8.9

6.7

+89.0

40.2

1.0

1.1

39.0

1.1

1.1

+1.2

116.7

3.0

2.3

110.5

3.1

2.6

+6.2

3,857.3

100.0

100.0

3,526.6

100.0

100.0

+330.7

Information Media and Telecommunications

Arts and Recreation Services Other Services Total Industries

New South 2006/07 to Wales% 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013. Compiled and presented in economy.id by .id The population experts

Page 16 of 43


Value added by industry sector 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Change in value added by industry sector, 2006/07 to 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Page 17 of 43


Dominant groups An analysis of the valued added by industry sectors in Wyong Shire in 2011/12 shows the three largest industries were: Manufacturing ($473 million or 12.3%) Health Care and Social Assistance ($404 million or 10.5%) Construction ($349 million or 9.0%) In combination these three industries accounted for $1,226 million in total or 31.8% of the total value added by industry in Wyong Shire. In comparison, the same 3 industries in New South Wales accounted for 9.1% in Manufacturing; 7.5% in Health Care and Social Assistance; and 6.0% in Construction. The major differences between the value added by industries of Wyong Shire and New South Wales were: A larger percentage of value added by Retail Trade (8.4% compared to 4.6%) A larger percentage of value added by Manufacturing (12.3% compared to 9.1%) A smaller percentage of value added by Financial and Insurance Services (6.6% compared to 16.3%) A smaller percentage of value added by Professional, Scientific and Technical Services (4.1% compared to 8.5%)

Emerging groups The total value added by industry in Wyong Shire increased by 330.7 million between 2006/07 and 2011/12. The largest changes in the value added by industries between 2006/07 and 2011/12 in Wyong Shire were for: Health Care and Social Assistance (+$89 million) Construction (­$55 million) Public Administration and Safety (+$54 million)

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Worker productivity Worker productivity by industry is calculated by dividing the industry value add by the number of persons employed in that industry. It shows which industries generate the most value add per employee. Some industry sectors, such as retail trade, are not highly productive per worker, but they employ a lot of people. Other industries, such as mining, employ fewer people but generate high levels of productivity. Each plays an important role in the economy. Worker productivity data should be viewed in conjunction with Total Employment and FTE Employment, to see the relative size of employment in each industry, and with Worker Profiles Income to see how much workers actually each in each industry, and with Sources of Income data to see whether employment is the main way income is derived. Detailed notes about how the figures are derived can be found in the specific topic notes section. Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.

Productivity per worker (annual) by industry 2011/12

Wyong Shire ­ Constant prices Industry (Click rows to view sub­categories)

2006/07

Change

$

New South Wales $

$

66,864

80,761

43,895

47,393

+22,968

Mining

114,642

348,981

165,140

458,049

­50,498

Manufacturing

123,894

117,701

99,336

108,427

+24,558

Electricity, Gas, Water and Waste Services

290,320

276,517

302,363

334,876

­12,044

64,810

76,225

77,019

70,416

­12,209

118,602

143,909

96,017

121,448

+22,585

Retail Trade

37,175

46,497

38,164

44,297

­989

Accommodation and Food Services

36,527

46,705

42,157

53,000

­5,630

Transport, Postal and Warehousing

87,041

107,248

84,726

97,759

+2,314

Information Media and Telecommunications

196,548

207,705

150,070

180,342

+46,478

Financial and Insurance Services

255,911

347,138

286,446

317,551

­30,535

Rental, Hiring and Real Estate Services

161,309

165,685

173,658

168,620

­12,349

Professional, Scientific and Technical Services

100,274

103,339

78,138

97,372

+22,136

Administrative and Support Services

89,609

98,400

101,824

132,921

­12,216

Public Administration and Safety

85,147

104,288

83,231

92,546

+1,916

Education and Training

82,607

76,069

84,028

76,516

­1,421

Health Care and Social Assistance

53,809

66,647

56,780

67,249

­2,971

Arts and Recreation Services

47,133

66,969

64,686

69,964

­17,552

Other Services

51,192

60,155

52,192

64,893

­1,001

Total worker productivity

75,281

104,995

78,087

101,494

­2,807

Agriculture, Forestry and Fishing

Construction Wholesale Trade

New South 2006/07 to Wales $ 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013. Compiled and presented in economy.id by .id The population experts

Page 19 of 43


Productivity per worker (annual) by industry 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Change in productivity per worker (annual) by industry, 2006/07 to 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Page 20 of 43


Dominant groups An analysis of the worker productivity by industry sectors in Wyong Shire in 2011/12 shows the three highest industries were: Electricity, Gas, Water and Waste Services ($290,320) Financial and Insurance Services ($255,911) Information Media and Telecommunications ($196,548) In comparison, the same 3 industries in New South Wales were for $276,517 in Electricity, Gas, Water and Waste Services; $347,138 in Financial and Insurance Services; and $207,705 in Information Media and Telecommunications. There were no major differences between international imports by industries in Wyong Shire and New South Wales in 2011/12.

Emerging groups The total worker productivity by industry in Wyong Shire decreased by $2,807 between 2006/07 and 2011/12. The largest changes in worker productivity by industries between 2006/07 and 2011/12 in Wyong Shire were for: Mining (­$50,498)

Page 21 of 43


Businesses Registered business by industry shows how many businesses there are in Wyong Shire within each industry sector using the Australian Bureau of Statistics (ABS) Business Register which itself is derived from the GST register held by the Australian Tax Office (ATO). Businesses are included if they are registered with the ATO, with an ABN used within the previous two financial years. Businesses are split up between employing and non­employing businesses. Non­ employing businesses may include sole traders and registered ABNs which are part of larger enterprises. The distribution of businesses may reflect the industry structure of the area, or may differ significantly. For instance, the largest industry in an area may consist of one very large business, with a large number of employees, while a sector with a lower value­added could have a lot of small and micro businesses. The number of businesses in Wyong Shire should be viewed in conjunction with Employment (Total) and Value­ Added datasets to see the relative size of industries, and with Employment Locations data to see where business employment occurs within the area. Please note that this data set has several limitations which are explained in the data notes for this topic. Business register counts are an approximation to LGA boundaries based on SA2 level data provided by the Australian Bureau of Statistics. As such, they may not exactly match figures sourced directly from the ATO, due to boundary issues and the application of ABS randomisation to the dataset. Notably, public sector institutions are not recorded which has a significant impact on the numbers for Health Care, Education and Public Administration and Safety.

Registered businesses by industry 2012

Wyong Shire ­ Total

2009

Change

Number

%

New South Wales %

Number

%

New South Wales %

2009 to 2012

220

2.6

6.6

211

2.5

7.3

+8

9

0.1

0.2

12

0.1

0.2

­3

411

4.8

3.7

407

4.7

4.0

+3

48

0.6

0.2

45

0.5

0.2

+3

2,096

24.7

14.6

2,244

26.1

15.4

­148

Wholesale Trade

265

3.1

3.9

270

3.1

4.0

­5

Retail Trade

599

7.1

6.8

667

7.7

7.0

­68

Accommodation and Food Services

355

4.2

4.1

351

4.1

4.0

+4

Transport, Postal and Warehousing

578

6.8

6.1

682

7.9

6.4

­104

57

0.7

1.2

53

0.6

1.2

+4

Financial and Insurance Services

488

5.7

8.4

395

4.6

7.8

+93

Rental, Hiring and Real Estate Services

717

8.4

10.9

745

8.6

11.3

­28

Professional, Scientific and Technical Services

847

10.0

13.3

846

9.8

12.9

+1

Administrative and Support Services

355

4.2

4.2

408

4.7

4.2

­53

70

0.8

0.5

43

0.5

0.5

+27

Education and Training

122

1.4

1.3

125

1.4

1.3

­2

Health Care and Social Assistance

395

4.6

5.4

349

4.1

5.2

+46

Arts and Recreation Services

116

1.4

1.4

140

1.6

1.5

­24

Other Services

524

6.2

4.0

523

6.1

4.1

+1

Industry not classified

227

2.7

3.2

98

1.1

1.6

+129

8,498

100.0

100.0

8,613

100.0

100.0

­115

Industry Agriculture, Forestry and Fishing Mining Manufacturing Electricity, Gas, Water and Waste Services Construction

Information Media and Telecommunications

Public Administration and Safety

Total Industries

Page 22 of 43


Source: Australian Bureau of Statistics, Counts of Australian Businesses, including Entries and Exits, 2008 to 2012 Cat. No. 8165.0 NOTE: "Non­employing businesses includes sole proprietors where the proprietor does not receive a wage or salary separate to the business income.

Registered businesses by industry 2012

Source: Australian Bureau of Statistics, Counts of Australian Businesses, including Entries and Exits, 2008 to 2012 Cat. No. 8165.0

Change in registered businesses by industry, 2009 to 2012

Source: Australian Bureau of Statistics, Counts of Australian Businesses, including Entries and Exits, 2008 to 2012 Cat. No. 8165.0

Page 23 of 43


Industry sector analysis ­ All industries Industry sector profiles reveal the way in which each industry contributes to the economy in Wyong Shire using ten economic measures generated by NIEIR economic modelling. This helps in understanding the role each industry sector plays in the economy. For example, some industry sectors generate substantial output (turnover), but are not big employers and targeting those industry sectors may not meet the economic development objective of maximising employment. In the first chart, you can also see how the output of an industry is divided between local sales, domestic exports and international exports. This information can reveal how an industry is structured, and whether it is focused on exporting or on serving the local population. The table and second chart also show how Wyong Shire contributes to the wider economy. For example, Wyong Shire contributes 1.4% of New South Wales’s employment. Industry sector analysis data should be viewed in conjunction with Total Employment, FTE Employment, Value­Added, Imports and Exports to see how each specific industry fits into the wider picture of all industries within Wyong Shire. To see how concentrated each industry sector is, visit the Employment Locations section.

Industry sector analysis Wyong Shire ­ All industries ­ Constant prices

2011/12

2006/07

Change

Economic measure

Wyong Shire as a % of New Wyong New South South Shire Wales Wales

Wyong Shire as a % of New Wyong New South South 2006/07 to Shire Wales Wales 2011/12

Employment (total)

51,239 3,572,760

1.4%

45,162 3,312,963

1.4%

+6,077

Employment (FTE)

39,827 3,081,112

1.3%

36,051 2,885,625

1.2%

+3,775

Output/Total Sales ($m)

8,101.70 741,106.9

1.1%

7,598.67 679,023.8

1.1%

+503.03

Value add ($m)

3,857.28 375,120.2

1.0%

3,526.57 336,244.4

1.0%

+330.72

Exports ($m)

1,754.09 308,796.3

0.6%

1,597.15 279,398.7

0.6%

+156.94

Exports (domestic) ($m)

1,438.09 247,015.8

0.6%

1,337.51 216,173.3

0.6%

+100.58

63,225.4

0.4%

+56.36

Exports (international) ($m)

61,780.4

0.5%

Imports($m)

4,094.89 275,882.2

1.5%

3,712.41 241,065.3

1.5%

+382.48

Imports (domestic) ($m)

2,844.89 182,476.9

1.6%

2,774.30 172,586.7

1.6%

+70.59

Imports (international) ($m)

1,250.00

93,405.3

1.3%

68,478.6

1.4%

+311.89

Local Sales ($m)

6,502.69 452,906.4

1.4%

6,009.83 412,121.4

1.5%

+492.86

­­

­2,807

Worker productivity ($ per worker)

316.00

75,281

104,995

­­

259.64

938.11

78,087

101,494

Source: National Institute of Economic and Industry Research (NIEIR) ©2013. Compiled and presented in economy.id by .id The population experts

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Economic output by destination

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Industry contribution to New South Wales 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

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Employment locations ­ All industries Place of Work data, mapped to Destination Zones, provide an excellent spatial representation of where each industry's economic activity is conducted within Wyong Shire. Some industries are clustered in business parks, or along major transport routes. Others are associated with institutions such as schools, universities and hospitals. Employment locations data should be viewed in conjunction with Workers Place of Residence data to see how far people travel to get to employment in Wyong Shire, and with Total Employment and Businesses data to see the total size of industries in the area. More information about 'Place of work' data can be found in the data notes section.

All industries Wyong Shire ­ Employment locations

Legend Destination zones Wyong Shire 26 to 262 people 263 to 653 people 654 to 1,104 people 1,105 to 1,655 people 1,656 to 2,646 people

Map data ©2014 Google

Source: Australian Bureau of Statistics, Census of Population and Housing 2011. Compiled and presented in profile.id by .id, the population experts.

Page 26 of 43

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Workers place of residence by industry ­ All industries Journey to Work (workers) data shows where Wyong Shire's workforce comes from and how far they are travelling to access employment in the area. This shows the degree to which the local economy draws on the wider region to supply labour for its industries. It is also useful in planning and advocacy for roads and public transport provision. The distance and direction travelled by workers in different industry sectors may be influenced by the nature of employment opportunities (higher paid, high value employment may draw people from a wider area); the skill level required (jobs requiring tertiary qualifications will draw more workers from areas with high qualification levels among the residents) the number of jobs available in the industry sector (sectors with more opportunities may have a wider catchment); transport options available and commuting times to Wyong Shire. Workers place of residence data should be viewed alongside Self­Sufficiency and Employment Capacity datasets for a summary of local employment opportunity by industry, as well as modelled Employment (Total) numbers and Employment Locations to understand the relative size of each industry sector and its distribution across the Wyong Shire. To analyse the characteristics of the workforce in each industry, go to the Workers profile section.

Residential location of workers, 2011 Residential location of workers by industry Wyong Shire ­ All industries

2011 Number

%

29,162

73.7

21,800

55.1

7,362

18.6

Work in the area, but live outside

10,405

26.3

Total workers in the area

39,567

100.0

Live and work in the area Live and work in the same SLA Live in the area and work in different SLA

Source: Australian Bureau of Statistics, Census of Population and Housing 2011. Compiled and presented in profile.id by .id, the population experts. Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 (Usual residence data) Compiled and presented in profile.id by .id, the population experts.

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Residential locations of workers by SLA by industry, 2011 Wyong Shire ­ Total area (All SLAs) ­ All industries

Legend Wyong Shire Number of workers 3 to 260 people 261 to 639 people 640 to 1,473 people 1,474 to 3,185 people 3,186 to 14,969 people

Map data ©2014 Google

Source: Australian Bureau of Statistics, Census of Population and Housing 2011. Compiled and presented in profile.id by .id, the population experts.

Page 28 of 43

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Residential location of workers by SLA by industry 2011

Total area (All SLAs) ­ All industries

Number

%

Wyong (A) ­ North­East

14,970

37.8

Wyong (A) ­ South and West

14,192

35.9

Gosford (C) ­ East

3,186

8.1

Gosford (C) ­ West

3,178

8.0

Lake Macquarie (C) ­ West

1,474

3.7

Lake Macquarie (C) ­ East

640

1.6

Lake Macquarie (C) ­ North

261

0.7

Cessnock (C)

166

0.4

Newcastle (C) ­ Inner City

133

0.3

Newcastle (C) ­ Throsby

123

0.3

Newcastle (C) ­ Outer West

108

0.3

Maitland (C)

101

0.3

Hornsby (A) ­ North

78

0.2

Hornsby (A) ­ South

71

0.2

Ku­ring­gai (A)

65

0.2

Port Stephens (A)

56

0.1

No usual address (NSW)

35

0.1

Warringah (A)

25

0.1

Fairfield (C) ­ East

23

0.1

Hawkesbury (C)

20

0.1

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Residents place of work by industry ­ All industries Journey to Work (residents) data shows where Wyong Shire's residents go to work and whether they need to travel significant distances to work. This impacts upon planning and advocacy for roads and public transport provision, as well as economic development strategies to develop local employment which fits the skills and qualifications of the residents. The distance travelled by residents in different industry sectors may be influenced by; the nature of employment opportunities versus the skills and qualifications of local residents; transport options available and commuting times; relationship between wages and salaries (people will travel further for higher paid jobs), house prices in the local area; and the geographic size of the local area (in large areas, local jobs may not in fact be so local, while in more compact areas, workers may walk to work in a neighbouring LGA.). Please note that where an industry has a very small number of employed residents, there may be no information displayed on the map or the detailed table due to insufficient residents travelling to any one area to display. The summary table will still include the information for the total residents working locally or travelling outside the area to work. Residents place of work data should be viewed alongside Self­Containment and Employment Capacity datasets, as well as modelled Employed residents estimates, which are updated annually. The Resident Labour Force section will provide the characteristics of the locally available labour force.

Employment location of residents, 2011 Employment location of residents by industry Wyong Shire ­ All industries

Live and work in the area Live and work in the same SLA Live in the area and work in different SLA Live in the area, but work outside Work location unknown Total employed residents

2011 Number

%

29,162

48.6

21,800

36.4

7,362

12.3

22,091

36.9

8,692

14.5

59,945

100.0

Source: Australian Bureau of Statistics, Census of Population and Housing 2011. Compiled and presented in profile.id by .id, the population experts.

Page 30 of 43

Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 (Usual residence data) Compiled and presented in profile.id by .id, the population experts.


Employment locations of residents by SLA by industry, 2011 Wyong Shire ­ Total area (All SLAs) ­ All industries

Legend Wyong Shire Number of residents 3 to 1,189 people 1,190 to 3,402 people 3,403 to 6,976 people 6,977 to 11,399 people 11,400 to 17,761 people

Map data ©2014 Google

Source: Australian Bureau of Statistics, Census of Population and Housing 2011. Compiled and presented in profile.id by .id, the population experts.

Page 31 of 43

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Employment location of residents by SLA by industry 2011

Total area (All SLAs) ­ All industries

Number

%

Wyong (A) ­ South and West

17,762

29.6

Wyong (A) ­ North­East

11,400

19.0

Gosford (C) ­ West

6,977

11.6

No usual address (NSW)

3,403

5.7

POW State/Territory undefined (NSW)

3,004

5.0

Gosford (C) ­ East

2,666

4.4

Lake Macquarie (C) ­ West

1,190

2.0

Newcastle (C) ­ Inner City

808

1.3

Sydney (C) ­ Inner

802

1.3

Hornsby (A) ­ South

712

1.2

Lake Macquarie (C) ­ North

642

1.1

POW Capital city undefined (Greater Sydney)

635

1.1

Lake Macquarie (C) ­ East

558

0.9

Ryde (C)

512

0.9

Willoughby (C)

461

0.8

Newcastle (C) ­ Throsby

454

0.8

Hornsby (A) ­ North

407

0.7

North Sydney (A)

382

0.6

Newcastle (C) ­ Outer West

369

0.6

Ku­ring­gai (A)

350

0.6

Page 32 of 43


Employment capacity A goal of economic development is often to maximise the employment opportunities locally, leading to a more socially and environmentally sustainable community. Employment capacity is a simple way of looking at whether Wyong Shire could theoretically provide jobs for all its residents if they were to choose to work locally. Employment capacity is simply the number of local jobs in an industry, divided by the number of local residents employed (anywhere) in that industry. A figure over 1.0 means there are more jobs available than residents employed in that industry. Under 1.0 means there are more residents employed than jobs available in that sector. This is a theoretical exercise as, even if there are enough jobs provided locally, there will always be some people who choose to commute out of the area. Employment capacity data should be viewed in conjunction with Self­Containment and Residents place of work data, which provides detail about the actual proportion of residents working locally, and Gross Regional Product and Worker Productivity data which shows the economic contribution of residents and workers. Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.

Employment capacity by industry 2011/12

Wyong Shire

Industry (Click rows to view sub­categories)

2006/07

Ratio of Ratio of Employed jobs to Employed jobs to Local jobs residents residents Local jobs residents residents

Agriculture, Forestry and Fishing

574

623

0.92

381

458

0.83

Mining

506

772

0.66

280

207

1.35

3,820

5,376

0.71

4,726

6,477

0.73

711

940

0.76

647

942

0.69

Construction

5,378

8,498

0.63

5,241

7,525

0.70

Wholesale Trade

1,367

2,283

0.60

1,242

2,200

0.56

Retail Trade

8,670

10,198

0.85

7,587

8,699

0.87

Accommodation and Food Services

5,739

5,876

0.98

4,696

4,952

0.95

Transport, Postal and Warehousing

2,045

3,529

0.58

1,779

2,972

0.60

Information Media and Telecommunications

405

953

0.43

505

1,133

0.45

Financial and Insurance Services

987

1,965

0.50

951

1,736

0.55

Rental, Hiring and Real Estate Services

781

941

0.83

752

917

0.82

Professional, Scientific and Technical Services

1,567

2,368

0.66

1,569

2,477

0.63

Administrative and Support Services

1,792

2,281

0.79

1,340

1,908

0.70

Public Administration and Safety

2,739

4,168

0.66

2,155

3,829

0.56

Education and Training

3,514

3,476

1.01

3,044

2,771

1.10

Health Care and Social Assistance

7,508

9,283

0.81

5,548

6,836

0.81

853

1,112

0.77

603

721

0.84

Other Services

2,280

3,385

0.67

2,117

3,164

0.67

Total industries

51,239

68,025

0.75

45,162

59,926

0.75

Manufacturing Electricity, Gas, Water and Waste Services

Arts and Recreation Services

Page 33 of 43


Source: National Institute of Economic and Industry Research (NIEIR) ©2013. Compiled and presented in economy.id by .id The population experts

Employment capacity by industry 2011/12

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Page 34 of 43


Employment capacity by industry 2011/12 and 2006/07

Source: National Institute of Economic and Industry Research (NIEIR) ©2013

Page 35 of 43


Workforce ­ Age structure ­ All industries The Age Structure of an industry's workforce is a key component to understanding the role and function of that industry in Wyong Shire. It is an indicator of the age of the industry and how long it has been established in the area, as well as the possible challenges in expanding that industry in the future. For example a young workforce may be more mobile and likely to change jobs/industries in the future while an industry with an older workforce may face succession planning issues and challenges in attracting new staff. For a more complete workforce analysis for Wyong Shire, Age Structure should be viewed in conjunction with Income and Hours Worked.

Workforce age structure 2011

Wyong Shire ­ All industries

2006

Change

Number

%

New South Wales %

Number

%

New South Wales %

15 to 24 years

6,881

17.4

14.4

6,638

18.3

15.4

+243 ▲

25 to 34 years

6,909

17.5

21.9

6,728

18.5

21.9

+181 ▲

35 to 44 years

8,990

22.7

23.2

8,845

24.3

24.2

+145 ▲

45 to 54 years

9,692

24.5

22.7

9,101

25.0

23.1

+591 ▲

55 to 64 years

5,987

15.1

14.5

4,379

12.0

12.9

+1,608 ▲

65 years and over

1,108

2.8

3.4

662

1.8

2.6

+446 ▲

39,567

100.0

100.0

36,353

100.0

100.0

+3,214 ▲

Ten year age groups (years)

Total persons

2006 to 2011

Source: Australian Bureau of Statistics, Census of Population and Housing 2006 and 2011. Compiled and presented in economy.id by .id, the population experts.

Page 36 of 43


Workforce age structure, 2011

Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 Compiled and presented in economy.id by .id, the population experts.

Change in workforce age structure, 2006 to 2011

Source: Australian Bureau of Statistics, Census of Population and Housing, 2006 and 2011 Compiled and presented in economy.id by .id, the population experts.

Page 37 of 43


Dominant groups Analysis of the age structure of the workforce in Wyong Shire in 2011 compared to New South Wales shows that there was a lower proportion of people in the younger age groups (15 to 44 years) and a higher proportion of people in the older age groups (45 years and over). Overall, 57.6% of the workforce was aged under 45 years, compared to 59.4% for New South Wales. 42.4% were aged 45 years and over, compared to 40.6% for New South Wales. The major differences between the age structure of the workforce in Wyong Shire and New South Wales were: A larger percentage of people aged 15 to 24 years (17.4% compared to 14.4%) A larger percentage of people aged 45 to 54 years (24.5% compared to 22.7%) A larger percentage of people aged 55 to 64 years (15.1% compared to 14.5%) A smaller percentage of people aged 25 to 34 years (17.5% compared to 21.9%)

Emerging groups The largest changes in the age structure of the workforce in Wyong Shire between 2006 and 2011 were: 55 to 64 years (+1,608 people) 45 to 54 years (+591 people) 65 years and over (+446 people) 15 to 24 years (+243 people)

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Workforce ­ Individual income quartiles ­ All industries Individual Income is an indicator of socio­economic status, skills and occupations required in a particular industry. With other data sources, such as Qualifications and Occupation, it helps to evaluate the economic opportunities of people in an industry. Income quartiles are used to condense income categories into manageable units, adjust for the effects of inflation, and allow areas to be compared over time relative to a benchmark. The incomes for a specified industry for the state are split into four equal groups, each containing 25% of the workers in that industry, and the quartiles allow users to compare changes in that industry in the local area to changes statewide, or against another benchmark. For more information on how quartiles are calculated please refer to the data notes. As well as being related to the type of jobs and qualifications required in a particular industry, income levels can be related to the level of part­time employment, Occupations, Qualifications and the Age Structure of the workforce, so the data should be looked at in conjunction with these topics.

Workforce individual income quartiles 2011

Wyong Shire ­ All industries

2006

Change

Quartile group

Number

%

New South Wales %

Number

%

New South Wales %

2006 to 2011

Lowest group

12,676

32.4

25.0

11,872

33.1

25.0

+803

Medium lowest

11,546

29.6

25.0

10,665

29.8

25.0

+881

Medium highest

9,051

23.2

25.0

8,039

22.4

25.0

+1,013

Highest group

5,795

14.8

25.0

5,253

14.7

25.0

+542

39,069

100.0

100.0

35,829

100.0

100.0

+3,240

Total persons with stated income

Source: Derived from the Australian Bureau of Statistics, Census of Population and Housing 2011 and 2006. Quartile group dollar ranges (Individuals) Calculated from income data for New South Wales ­ All industries

Weekly income by Census year

Individual quartile ranges Lowest group

$0 to $548

$0 to $457

Medium lowest

$549 to $905

$458 to $752

Medium highest

$906 to $1,432

$753 to $1,197

Highest group

$1,433 and over

$1,198 and over

Page 39 of 43


Workforce individual income quartiles, 2011

Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 Compiled and presented in economy.id by .id, the population experts.

Change in workforce individual income quartiles, 2006 to 2011

Source: Australian Bureau of Statistics, Census of Population and Housing, 2006 and 2011 Compiled and presented in economy.id by .id, the population experts.

Page 40 of 43


Dominant groups Income quartiles allow us to compare relative income­earning capabilities across time. Analysis of the distribution of the workforce by income quartile compared to New South Wales shows that there was lesser proportion of people in the highest income quartile, and a greater proportion in the lowest income quartile.

Emerging groups The most significant change for the workforce between 2006 and 2011 was in the medium highest quartile which showed an increase of 1,013 people.

Page 41 of 43


About the economic profile Wyong Shire Economic Profile provides economic analysis for the Wyong Shire by combining 11 different datasets to build a cohesive story of a local economy,how it is changing and how it compares to other areas. It is a public resource designed to be used by council staff, community groups, investors, business people, students and the general public. You can be confident about the quality of the information as it is derived from official sources and the most robust economic modelling, analysed and presented by experts and funded by Wyong Shire. Each data source is maintained with the latest series so you can be sure you are using the most up to date information. Results for the Wyong Shire include Gross Regional Product, local jobs, local businesses, employment, unemployment, population, building approvals, industry structure, journey to work and much more.

About National Economics (NIEIR) Reliable primary economic data sets exist only at the national, state and regional level at best. The only way to get a realistic measure of GRP, number of jobs and other economic indicators at the local area level is to undertake economic modelling. The most significant challenge with local area economic modelling is to ensure that the process reflects the unique economic characteristics of the local area. For example, one of the traps is to apply national and state­level productivity propensities at the local level, which we now know are simply not accurate because it assumes that the economic characteristics of all local areas are the same. NIEIR are recognised as industry leaders in the development and provision of robust economic modelling at the smallest credible geographic unit (Local Government Area). NIEIR modelling draws on many data sources to offer the most nuanced data possible at the local level. The NIEIR dataset is the result of a process of economic micro­ simulation modelling – it is an amalgam of many different existing data sources (between 6 and 10 depending on the region and time period) which are synthesised to produce a series of estimates of the size and value of the local economy. Importantly, the NIEIR model is updated on an annual basis (with quarterly breakdown for some characteristics). This means the impact of global, national and local economic changes can be clearly seen at the local level. For over 15 years NIEIR have been producing the annual benchmark State of the Regions Report commissioned by the Australian Local Government Association (ALGA). These reports benchmark regional economies and identifies strategies that strengthen local and regional economic and employment outcomes, laying the framework for future policy direction and emphasizing the role and importance of local government. Learn more about NIEIR

About .id, the population experts .id is a company of population experts ­ demographers, spatial analysts, urban planners, forecasters, census data and IT experts who build demographic information products for Australia & New Zealand. We understand how cities, towns and regions are growing and changing. Name a place and we can tell you about its population’s past, present and future! We use spatial data to tell this story in powerful web applications. We share this knowledge with our clients so they can make confident decisions about when and where to provide services and invest in infrastructure. Our clients are organisations who contribute to building our cities and communities. They include local & state government, education providers, housing developers, retailers, health care providers, utilities companies, banks & insurers, sporting clubs and planning consultants. During our 15 years in business, we have built over 550 websites delivering analytical and spatial decision making information to more than 300 clients Australia­wide and in New Zealand. These sites are publicly available in .id’s demographic resource centre. Our information products meet the challenge of delivering meaningful information to users with diverse information

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needs and skill levels – from analysts to the general public – by organising and presenting complex data in an intuitive format. As consumers of spatial data ourselves, we fundamentally understand how users want to consume that data. We believe that by making demographic information accessible to the broadest possible audience, and promoting evidence­based decision making, we are contributing to a fairer and more sustainable society. Learn more about .id

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