Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Latest stats on Aussie computing industry

There were 14,731 businesses operating in the computer services industry at the end of June 1999, according to figures released by the Australian Bureau of Statistics (ABS) today.

This represented a 52 per cent increase in the number of businesses since June 1996 and an annualised growth rate of 15 per cent over the three years.The industry was dominated by small businesses during 1998-99, with 14,414 businesses (98 per cent) having fewer than 20 people employed.

Businesses in the computing services industry generated $10,474 million in income during 1998-99, which was a 30 per cent increase since 1995-96. The main components were the provision of bundled computer services ($3,354 million), non-bundled customised software services and solutions ($2,556 million) and computer processing services ($1,106 million).

In 1998-99, the operating profit before tax for the industry was $836 million, which represented an operating profit margin of 8.2 per cent. This was a significant increase on the operating profit margin of 5.7 per cent recorded in 1995-96 but still less than the 9.5 per cent operating profit margin recorded in 1992-93.

Businesses in the computer services industry incurred $9,654 million in expenses during 1998-99. Labour costs was the highest single expense ($4,065 million) representing 42 per cent of total expenses. Payments made to contractors and consultants for computing and communications services accounted for a further 15 per cent ($1,396 million) of total expenses.

At the end of June 1999, there were 74,395 persons working for businesses in the computer services industry, which was a 35 per cent increase since June 1996. The majority (76 per cent) of people employed in the industry were computing and technical staff, and 77 per cent of these staff were male.

Small businesses with less than 20 people employed accounted for 48 per cent of industry employment and 28 per cent of industry income. Businesses with four or less persons employed represented 88 per cent of all businesses, 32 per cent of industry employment and 16 per cent of industry income. The growth in the number of micro businesses was 15 per cent per annum since June 1996. In comparison there were 56 businesses in the industry employing 100 persons or more. These 56 large businesses accounted for 39 per cent of industry employment, 59 per cent of industry income and 51 per cent of the operating profit before tax for the industry.

A high proportion of industry income was generated by businesses operating in New South Wales (49 per cent) and Victoria (29 per cent). These businesses accounted for 73 per cent of people employed in the industry and 78 per cent of the total income.

To go to the ABS website click here www.abs.gov.au

See also www.australia.org.nz


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Auckland Transport: Successful Bridge Repair Opens Two Additional Lanes To Traffic

The opening of two additional lanes on the Auckland Harbour Bridge this morning will help relieve some motorway congestion for motorists heading home to the North Shore tonight. More>>

ALSO:

Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>

ALSO:

Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>

ALSO:

MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>

ALSO:


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>

ALSO:


University Of Auckland: Whale-Watching By Satellite – Follow Their Travels Online

Scientists have successfully attached satellite tracking tags to six New Zealand southern right whales, or tohorā, and are inviting the public to follow the whales’ travels online. Part of a major research project involving the University of Auckland ... More>>

Commerce Commission: Kiwibank Admits System Failures And Agrees To Pay Customers $5.2 Million

Kiwibank has entered into a settlement agreement with the Commerce Commission after reporting that it failed to have in place robust home loan variation disclosure policies, procedures and systems. In a settlement dated 27 August 2020, Kiwibank admitted that ... More>>

Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>

ALSO:

NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>

ALSO:

Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>

ALSO: