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Katherine Region Economic Profile at a Glance

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Katherine Region Economic Profile at a Glance Katherine Region Economic Profile At a glance www.regionaldevelopment.nt.gov.au Katherine Region at a glance This economic snapshot provides some facts about the Katherine The top three employing sectors in the region are public Region and highlights key aspects of the local economy and how administration and safety (1 922), health and social assistance it has changed over time. (910) and education and training (752). However, most Approximately 4.5 percent (10 641) of Territorians live in employment growth between 2006 and 2011 Census occurred in the Katherine Region, an area of 326 327 square kilometres. other services (112 percent), mining (62 percent) and electricity, Katherine is a major transport hub strategically located on a road gas, water, and waste services (59 percent). junction connecting the Ord River and the Kimberley Region of Between 2011 and 2012, the average cost of a basket of goods Western Australia, Alice Springs and Adelaide to the south, and in the Katherine Region declined approximately 4 percent. Queensland to the east. Katherine is connected by rail to the ABS geography changes are reflected in this document, therefore north and south and plays a pivotal role in connecting the trade care should be taken when making comparisons with previous route in regions located east, west and south to the major port version of this document. of Darwin in the north. Due to ABS geography changes, Katherine Region is as per ABS Statistical The Katherine Region produces an estimated 7.4 percent ($1 338 Area 3(SA3). Katherine Town is as per ABS Statistical Area 2(SA2). Katherine billion) of the Northern Territory Gross State Product. Of this, the Balance (bal) is Katherine SA3 minus Katherine SA2. largest industry sectors are mining ($293 million), agriculture, forestry and fisheries ($144 million), public administrative and safety ($139 million) and construction ($114 million). TIWI ISLANDS DARWIN NHULUNBUY EAST ARNHEM KATHERINE BIG RIVERS BARKLY TENNANT CREEK ALICE SPRINGS CENTRAL AUSTRALIA Source: Department of Local Government. www.regionaldevelopment.nt.gov.au 2 Society What are the labour force characteristics in the region? DEMOGRAPHY Total population at Census 2006 2011 Katherine Town 10 757 10 719 Katherine bal. 9 961 10 660 Katherine Region 20 718 21 379 Katherine Region median age 31 32 Source: ABS Time series profile. Figures include overseas visitors. Enumerated (the number of people counted on Census night) data. Estimated resident population (30 June) 2011pr 2012pr Katherine Town 10 382 10 641 Katherine bal. 9 967 10 053 Katherine Region 20 349 20 694 Northern Territory 231 331 234 836 Source: ABS catalogue (cat.) number (no.) 3218.0, 2010-2011 and 2011-2012. (pr - preliminary revised). Estimated resident population by age as at 30 June 2011 All persons Male Female 0-14 2 883 2 769 15-24 1 748 1 609 25-64 5 356 4 923 65+ 615 446 Katherine Region 10 602 9 747 Source: ABS cat. no. 3235.0 June 2011. Population aged 15-64 years (Working Age) Indigenous non-Indigenous Katherine Town 1 514 5 643 Katherine bal. 4 052 2 710 Katherine Region 5 566 8 353 Source: ABS Census 2011 (Enumerated data, the number of people counted on Census night). Non-Indigenous includes not stated and excludes overseas visitors. LABOUR MARKET - kathERInE town Labour force Dec Qtr 12* Census 2011 Unemployed persons 185 299 Unemployment rate (%) 3.4 6.0 Labour force 5 458 4 987 Source: ABS 2011 Census data and Department of Education, Employment and Workplace Relations (DEEWR), Small Area Labour Market (SALM) Report accessed April 2013. *Note: The data for December qtr 2012 is sourced from DEEWR, the Census data is sourced from ABS. LABOUR MARKET - kathERInE REgIOn Labour force Dec Qtr 12* Census 2011 Unemployed persons 526 764 Unemployment rate (%) 6.5 8.7 Labour force 8 115 8 799 Source: ABS 2011 Census data and Department of Education, Employment and Workplace Relations (DEEWR), Small Area Labour Market (SALM) Report accessed April 2013. *Note: The data for December Quarter 2012 is sourced from DEEWR, the Census data is sourced from ABS. www.regionaldevelopment.nt.gov.au 3 Economy how much do we earn and where are the future labour shortages in the region? SELECTED MEDIAnS AnD AVERAgES Census 2011 Katherine Town Katherine Region Median age of persons 36 32 Median individual income ($/week) 704 500 Median family income ($/week) 1 750 1 188 Median household income ($/week) 1 427 1 255 Median mortgage loan repayment ($/month) 1 725 1 700 Median rent ($/week) 200 100 Average number of persons per bedroom 1.2 1.4 Average household size 2.7 3.3 Source: ABS Census 2011 - Time series profile. Note: Median family income is applicable to families in a family household. There can be more than one family in a household. Median household income is applicable to occupied private dwellings. It is based on all income earners in the household or in the occupied private dwelling. Median rent is collected through ABS Census forms, this takes into account public housing occupants, which may influence median rent figures. InCOME Mean Taxable Income 2007-08 2009-10 Katherine (0850) $ 50 065 54 987 Outer Katherine (0852) (0854) $ 40 854 45 066 Tindal Royal Australian Air Force (RAAF) (0853) $ 50 463 58 682 Katherine Region $ 47 489 52 381 Northern Territory $ 53 442 59 342 Source: Taxation Statistics 2007- 2008 and 2009-2010. LABOUR FORCE FORECAST BY OCCUPATIOn 2011 2016 Forecast 2021 Forecast Katherine Region (no) (% change) (% change) Managers and administrators 763 9.3 14.3 Professionals 1 121 13.4 24.0 Technicians and trade workers 943 7.6 14.7 Communications and personal service workers 1 059 24.0 46.6 Clerical and administrative workers 794 17.0 36.0 Sales workers 357 1.4 1.4 Machinery operators and drivers 365 1.9 0.0 Labourers and related workers 1 116 -14.1 -24.2 Source: ABS 2011 Census data and Department Regional Development and Women’s Policy forecast. Note: Forecast provides a guide and does not include major projects. Labour force forecasts are based on a Leslie matrix population model. The Leslie matrix has been derived using a constant perpetual rate of return without taking into account any volatility of major projects that may impact on labour market conditions. Forecasts are based on time series data. ABS has made changes to the Occupation classification, with 2011 Census Occupation responses being coded to Australian and New Zealand Standard Classification of Occupation (ANZSCO) rather than Australian Standard Classification of Occupation (ASCO). This has included the addition of 24 new occupations and the deletion and merging of eight occupations. It has included minor changes to the classification structure and definitional changes for some occupations. This will impact labour force forecast data and as such this information should be used with caution. www.regionaldevelopment.nt.gov.au 4 Economy (continued) WORK FORCE EDUCATIOn - APPREnTICEShIPS AnD TRAInEEShIPS Katherine Region 2011 2012 In training *n/a *n/a Commencements *n/a *n/a *Current data was not avalible at the time of publication. EMPLOYMEnT BY InDUSTRY no. of workers in each industry sector 2006 2011 Agriculture, forestry and fishing 621 708 Mining 164 265 Manufacturing 154 157 Electricity, gas, water and waste services 59 94 Construction 398 446 Wholesale trade 116 82 Retail trade 524 545 Accommodation and food services 347 470 Transport, postal and warehousing 208 233 Information media and telecommunications 55 51 Financial and insurance services 81 72 Rental, hiring and real estate services 51 64 Professional, scientific and technical services 143 240 Administrative and support services 248 235 Public administration and safety 2 194 1 922 Education and training 592 752 Health care and social assistance 942 910 Arts and recreation services 86 97 Other services 202 429 Katherine Region total (includes not stated) 7 525 8 037 Source: 2011 Census of Population and Housing. Time series data. AREA Katherine (T) 7 416.9 (Km2) Katherine bal. 318 909.7 (Km2) Katherine Region 326 326.6 (Km2) Northern Territory 1 348 198.7 (Km2) Source: ABS cat. no. 3218.0, 2011. www.regionaldevelopment.nt.gov.au 5 Economy (continued) PRICES - Cost OF LIVIng Cost of food basket by district, supermarkets and 2010 2011 2012 corner stores ($) ($) ($) Katherine district average 724 797 769 Katherine supermarket 508 565 542 Katherine corner stores 656 720 628 NT remote community store average 730 815 760 Source: Northern Territory Government Market basket survey, 2010, 2011, 2012. housing - mortgage and rent payments Katherine Region Katherine Town nT Median rent ($) 100 200 225 Households where rent payments are less than 30% of 95.2 93.7 91.0 household income (%) Households where rent payments are 30%, or greater, of 4.8 6.3 9.0 household income (%) Mortgage monthly repayments ($) 1 700 1 725 2 058 Households where mortgage payments are less than 30% of 96.6 95.0 92.3 household income (%) Households where mortgage payments are 30%, or greater, of 3.4 5.0 7.7 household income (%) Source: ABS - Census 2011 -Quick stats - Usual residents. Note: The commonly accepted guideline for housing affordability is where housing cost does not exceed 30% of a household’s gross income. When the carrying cost of a home exceeds this threshold of housing income, then the housing is considered unaffordable for that household. Average unleaded petrol prices (cents per litre) Jun 2011 Jun 2012 Jun 2013 Northern Territory Regional Average n/a n/a 168.10 Alice Springs 169.30 168.50 171.20 Darwin 158.90 157.30 161.80 Katherine 156.90 156.40 156.90 Tennant Creek 167.40 171.30 169.40 Northern Territory 160.90 163.40 163.50 Australia 152.00 146.80 148.80 Source: Australian Institute of Petroleum and NT Treasury and Finance (historical data).
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