Illawarra and Wollongong Regions Illawarra: Economic Profile (ABS Statistical Areas)

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Illawarra and Wollongong Regions Illawarra: Economic Profile (ABS Statistical Areas) ECONOMICS REGIONAL FACTSHEET The Illawarra and Wollongong regions Illawarra: Economic Profile (ABS statistical areas) Illawarra: Location 300,000 The Ilawarra region is located on the coast of PEOPLE New South Wales, 80kms south of Sydney’s CBD. Its main urban areas are the coastal city of Wollongong (including Port Kembla) and the smaller urban centres of Shellharbour and Kiama. Wollongong is 16,000 approximately 1.5 hours travel time from Sydney’s CBD, BUSINESSES with Shellharbour a further 10 minutes along the coast to the South. Illawarra: people 130,000 EMPLOYEES Just under 300,000 people lived in the greater Illawarra region in June 2014 (around 4% of all NSW residents). This included 206,000 residents of Wollongong and Port Kembla. Another 90,000 lived in and around Shellharbour. 2.2% OF NSW’S ECONOMY The Illawarra and Wollongong region (ABS statistical areas) aigroup.com.au/economics OCTOBER 2015 ECONOMICS OCTOBER 2015 REGIONAL FACTSHEET Illawarra: people Illawarra: people The median age of Illawarra region residents is 39 years • 6.3% in Wollongong were aged under 5 years (5% in THE MEDIAN AGE old (younger in Wollongong and older in Kiama and Kiama), versus 6.6% for all NSW; OF ILLAWARRA REGION Shellharbour to the South). This is just above the median • 16.4% were aged over 65 years (20.5% in Kiama), versus RESIDENTS IS age for NSW (38 years) and for Australia nationally (37.3 14.7% for all NSW; years). 17% of the region’s residents were over 65 years old • 16.7% spoke a language other than English (3.7% in in 2014, compared with 15.5% of people living in NSW and Kiama), versus 22.5% for all NSW; 14.7% of all Australian residents. • 2.2% were Indigenous (1.4% in Kiama), versus 2.5% for YEARS all NSW; The last population census indicated that in 2011, 39 • 16.8% have a university qualification (21.2% in Kiama), 206,800 people lived in the Wollongong region, with versus 19.9% for all NSW; another 21,314 people living in the Kiama-Shellharbour • 29.3% of households are renting (20.6% in Kiama), IN WOLLONGONG IN 2011 region. Of these: versus 29.1% for all NSW; and • Wollongong residents had a median household income of $1,101 p.w. (2011 dollars) ($1,234 in Kiama), versus $1,237 for all NSW. 16.7% Table 1: Illawarra regional population SPOKE A LANGUAGE OTHER THAN ENGLISH People aged People aged 15–64 People aged 65 Population Median age June 2014 0–14 years years years & over no. years % of local population Wollongong 130,409 37.8 17.3 66.5 16.3 Dapto - Port Kembla 76,411 40.1 19.1 62.7 18.2 16.8% Kiama - Shellharbour 90,012 40.2 19.6 63.6 16.8 HAVE A UNIVERSITY Illawarra Region (SA4) 296,845 39.1 18.4 64.6 16.9 QUALIFICATION NSW 7,518,472 37.9 18.7 65.8 15.5 Australia 23,490,736 37.3 18.8 66.5 14.7 aigroup.com.au/economics 2 ECONOMICS OCTOBER 2015 REGIONAL FACTSHEET Illawarra: business and industry In 2013-14, the regional economy of the Greater Illawarra businesses with employees are heavily share of the local workforce (11%) than is evident in NSW Wollongong region was estimated by id Insights concentrated in construction (20% of all local businesses), or nationally (7.9% and 7.7%), reflecting the significance of professional services (13%), retail trade (10%) and the University of Wollongong as a regional employer. The to be worth around $10.5bn, or 2.2% of the NSW healthcare (8%). Indeed, these four industries account University of Wollongong had 27,449 students enrolled in economy. The Kiama region contributed a further for over half of all employing businesses operating in the 2013 (up from 25,298 in 2012). A further 31,786 students $661mn (0.1% of the NSW economy, as estimated Illawarra region. were enrolled in TAFE education courses across the Illawarra region in 2013. by id insights). This activity was generated by an Around 400 employing businesses operate in each of manufacturing and transport. They account for around 10% Large employing businesses in Wollongong, Port Kembla estimated 11,783 businesses in the Wollongong of all local businesses and 11% of all local employment. and the Illawarra region include: region (1.7% of NSW businesses) plus another 1,011 Just 66 Illawarra employing businesses are agricultural and • Illawarra Shoalhaven Local Health District (9 hospitals 12 are in mining, reflecting the predominantly urban nature in the Kiama region (estimated by id insights). and 7,300 employees) of this regional economy. • BlueScope Steel (5,500 employees) ABS data indicate that around 16,000 businesses Many of the region’s industrial and freight operations are • Illawarra Coal, a subsidiary of South32 (2,500 employees) were operating in the greater Illawarra region as clustered in and around Port Kembla. The Port of Kembla • University of Wollongong (9 campuses and 2,500 operates 24 hours per day and features berth depths of employees) of June 2014. 7,500 of these had employees. The up to 16.25m that can handle vessels of up to 230,000dtw • Manildra Starches (1,300 employees) remainder were non-employing entities such capacity. The Port is linked directly by road and rail to • Wollongong City Council (1,000 employees) as sole traders and self-employed contractors. Sydney and regional NSW. 946 vessels came through the • Bisalloy Steel Group (around 820 employees) Port in 2012-13. Major exports are coal (three quarters of • Australian Health Management Group, subsidiary of Just three large businesses employed 200 or the total), steel and grains, while the major imports are cars Medibank Private Ltd (570 employees) more people and 395 medium-sized businesses and iron ore. • Figtree Private Hospital, subsidiary of Ramsey Healthcare (350 employees) employed 20 to 199 people. The employment profile of the Illawarra region is similar • CSC Communications (around 300 employees) to that of NSW and Australia nationally, with healthcare, • Port Kembla Coal Terminal (120 employees) education, construction and hospitality (food and accommodation services) each employing more than 10% of the regional workforce. Education employs a higher aigroup.com.au/economics 3 ECONOMICS OCTOBER 2015 REGIONAL FACTSHEET Table 2: Illawarra employing businesses and employees, by industry The Illawarra region’s employing businesses include Employing businesses Number of employees* Illawarra region (SA4) (June 2014) (May 2015) Number Share (%) (‘000) Share (%) Agriculture 66 0.9 0.1 0.1 Mining 12 0.2 3.5 2.7 20% IN CONSTRUCTION Manufacturing 408 5.4 9.1 6.9 Utilities 9 0.1 1.8 1.4 Construction 1,489 19.7 13.6 10.3 Wholesale Trade 271 3.6 4.6 3.5 Retail Trade 776 10.3 12.7 9.7 18% Accommodation & Food Services 615 8.2 13.1 10.0 IN PROFESSIONAL OR Transport 394 5.2 5.3 4.0 ADMINISTRATIVE SERVICES Information Media & Telecommunications 37 0.5 0.4 0.3 Financial & Insurance Services 257 3.4 3.7 2.8 Rental, Hiring & Real Estate Services 284 3.8 0.8 0.6 Professional Services 1,016 13.5 8.3 6.3 11% Administrative Services 340 4.5 3.6 2.7 IN MANUFACTURING Public Administration 52 0.7 8.4 6.4 OR TRANSPORT Education & Training 138 1.8 14.9 11.3 Health Care & Social Assistance 613 8.1 19.3 14.7 Arts & Recreation Services 112 1.5 2.3 1.7 Other Services 568 7.5 5.8 4.4 Illawarra Region (SA4) 7,545 100.0 131.6 100.0 aigroup.com.au/economics 4 ECONOMICS OCTOBER 2015 REGIONAL FACTSHEET Table 3: Number of businesses at 30 June 2014, by employment size Illawarra: business and industry PORT KEMBLA Employing businesses (by headcount) Non- Total employing IMPORTS: Number 1-4 5-19 20-199 200 or more Total Wollongong 2,651 898 189 3 3,741 4,716 8,457 Dapto - Port Kembla 1,098 395 133 - 1,626 1,700 3,326 Kiama - Shellharbour 1,589 516 73 - 2,178 2,430 4,608 40% Illawarra Region (SA4) 5,338 1,809 395 3 7,545 8,846 16,391 FROM THE REST OF AUSTRALIA Illawarra as % of NSW 2.6% 2.9% 2.6% 0.8% 2.7% 2.2% 2.4% Illawarra as % of Australia 0.9% 0.9% 0.8% 0.1% 0.9% 0.7% 0.8% 43% FROM ASIA OR EAST RUSSIA Chart 1: Imports and Exports through Port Kembla, 2012-13 PORT KEMBLA IMPORTS IMPORTS EXPORTS EXPORTS EXPORTS: Other Other Other Other Iron Ore ConcentrateIron Ore Concentrate Copper Ore Copper Ore Motor LorriesMotor Lorries Canola Canola Limestone Limestone Steel Coils Steel Coils 78% Dolomite Dolomite Coke Coke TO ASIA OR EAST RUSSIA Iron Ore Iron Ore Wheat Wheat Passenger CarsPassenger Cars Coal - Black Coal - Black 6% TO THE REST OF AUSTRALIA aigroup.com.au/economics 5 ECONOMICS OCTOBER 2015 REGIONAL FACTSHEET Illawarra: labour market Around 132,000 residents of the Illawarra region were the year to March 2015, down from 17.9% in March 2014 Illawarra workforce (2015) employed in July 2015. Labour force participation (IRIS research estimates based on ABS data). (employed plus unemployed people actively seeking work) An estimated 1,129 jobs were advertised in the Illawarra is lower in the Illawarra region (averaging 60% of the adult region in July 2015 (3 month moving average). This implies population in 2015) than in NSW (averaging 64% in 2015) or a ratio of about 10 unemployed job seekers for every job for all of Australia (65% in 2015).
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