Business / Jobs / Industry · 6 Economic Snapshot –December 2015 Source – Australian Business Register October 2015 Dominant Industry Groups – Top Three Employment (total) by

Economic Snapshot Business / Jobs / Industry

December 2015

2 Economic Snapshot – December 2015

Source – Australian Business Register October 2015

Introduction This is a snapshot of business registrations along with the types of business and industry operating within the City of Armadale. It presents data on Armadale’s local economy, its relationship to the regional economy and an outline of the business and employment trends in the region.

Source: National Institute of Economic and Industry Research (NIEIR) ©2015

Key Economic Indicators City of Armadale

Gross Regional Product (GRP) $2.49m (June 2014) - representing 1% of total WA Gross State Product.

Number of Employed Residents 38,492 (2013/14) – representing 2.87% of total WA employed residents

Number of People Employed in the City of Armadale

19,697 (2013/14) – representing 1.4% of total WA jobs

Number of Registered Businesses

14,031 (Australian Business Register, October 2015)

Industry Largest by Employment (2013/14): Health Care & Social Assistance (15.8%) Largest by Value Added (2013/14): Construction ($756 million) Largest by Output (2013/14): Construction ($2,436 million)

Population Forecast Population 82,267 (2015) Projected Population 144,827 (2036)

Unemployment 9.54% (June 2015) – Western Australia: 5.8%

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Gross Regional Product Gross Regional Product (GRP) is a measure of wealth generated by the local economy including businesses, individuals and organisations working in the area. Substantial economic growth has occurred in the City of Armadale. The region’s GRP has increased by 50% over the last five years, with a 9% growth in the last year (2013/14). The City of Armadale’s GRP has consistently been increasing at a higher rate than the rest of Western Australia, further highlighting the region as a prime business and investment district. Industries including Construction, Retail Trade and Health Care and Social Assistance have been leading the growth.

City of Armadale’s Gross Regional Product was $2.49m as of June 2014.



Employment The Armadale City Centre is one of eight designated Strategic Metropolitan Centres and the primary centre for the Southeast Metropolitan region. The City of Armadale is experiencing rapid population growth. Businesses are locating within the Armadale region to take advantage of the unprecedented growth and commercial opportunities this brings. In 2013/14 the three largest industries by employment were:

Health Care and Social Assistance (15.8%) Retail Trade (15.7%) Education and Training (12.6%)

These three industries accounted for 44.1% of the local workforce.



Employment Trends

The number of people in the workforce in the City of Armadale increased by 4,205 in the last five years (2008/09 to 2013/14).

The largest changes in the jobs held by the workforce were for those employed in:

Retail Trade (+833 persons) Education and Training (+501 persons) Accommodation and Food Services (+484 persons) Health Care and Social Assistance (+361 persons)

Health Care and Social Assistance is the largest employer, generating 3,110 local jobs in 2013/14.



Dominant Industry Groups – Top Three Employment (total) by industry 19,697 jobs

Health Care and Social Assistance 15.8%

Retail Trade 15.7%

Education and Training 12.6%

Value Add $2,056.8m

Construction $755.9m

Health Care and Social Assistance $235.3m

Retail Trade $156.7m

Output $5,398.9m

Construction $2,435.7m

Manufacturing $536.8m

Rental, Hiring and Real Estate Services $384.6m

Exports $587.7m

Manufacturing $276.2m

Agriculture, Forestry and Fishing $102.6m

Retail Trade $73.7m

Imports $2,932.3m

Manufacturing $897m

Public Administration and Safety $243.1m

Transport, Postal and Warehousing $235.7m

Local Sales $4,811.2m

Construction $2,435.7m

Health Care and Social Assistance $226.3m

Rental, Hiring and Real Estate Services $335.5m

Worker Productivity $104,421

Construction $337,286

Mining $259,506

Electricity, Gas, Water and Waste Services $240,358

Businesses (total 3950

Construction 1,014

Transport, Postal and Warehousing 436

Professional, Scientific and Technical Services 382

Employees (FTE) 14,604

Health Care and Social Assistance 2,182

Construction 1,967

Retail Trade 1,922 Source: National Institute of Economic and Industry Research (NIEIR) ©2015



ABNs Registered by Industry Subdivision (Top two per suburb)

Locality Count Sub Division

Armadale 449 Construction Services

147 Building Cleaning, Pest Control and Other Support Services

Bedfordale 158 Construction Services

90 Professional, Scientific and Technical Services (Except Computer

System Design and Related Services)

Brookdale 88 Construction Services


Camillo 147 Construction Services


Champion Lakes 36 Construction Services

21 Insurance and Superannuation Funds

Forrestdale 81 Construction Services


Harrisdale 170 Construction Services

117 Professional, Scientific and Technical Services (Except Computer System Design and Related Services)

Haynes 13 Construction Services

5 Fabricated Metal Product Manufacturing

Hilbert 36 Construction Services



Karragullen 45 Agriculture

29 Construction Services

Kelmscott 443 Construction Services

189 Property Operators and Real Estate Services

Mount Nasura 147 Construction Services


Mount Richon 82 Construction Services


Piara Waters 153 Construction Services



Roleystone 303 Construction Services



Seville Grove 327 Construction Services

93 Personal and Other Services

Wungong 21 Construction Services




Documents

Business / Jobs / Industry · 6 Economic Snapshot –December 2015 Source – Australian Business Register October 2015 Dominant Industry Groups – Top Three Employment (total) by