City of MonashEconomic profile
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City of Monash

Industry composition

In 2015, the Goods related sector accounted for 44.8% of employment in the City of Monash. The importance of this sector has declined over the last 10 years (52.5% in 2005)

Understanding the economic role of the City of Monash provides a framework for understanding what policy responses and investment may be appropriate to support the growth of businesses and maintenance of a vibrant economy in the future.

The charts and table below give a broad overview of the role and function of your economy. It helps answer questions such as:

  • How much of the the City of Monash's economy is driven by meeting the local population needs?
  • What proportion of jobs in the area are in goods production or selling of products?
  • In which broad sectors are the key strengths of the local economy?
  • What contribution do business services make in your area and is it growing?
  • Is there a presence of local, state and federal government workers in in the area?

Once you have developed a broad picture of your economy, you can then drill down further with all the detail here.

Employment composition
Employment composition Public administration and safety, 2015: 3.4% Business services, 2015: 18.9% Household services, 2015: 32.7% Goods related, 2015: 44.8% Mining, 2015: 0.1% Agriculture, forestry and fishing, 2015: 0.1% Public administration and safety, 2010: 2.9% Business services, 2010: 17.1% Household services, 2010: 31.1% Goods related, 2010: 48.7% Mining, 2010: 0.1% Agriculture, forestry and fishing, 2010: 0.1% Public administration and safety, 2005: 2.5% Business services, 2005: 16.7% Household services, 2005: 28.1% Goods related, 2005: 52.5% Mining, 2005: 0.0% Agriculture, forestry and fishing, 2005: 0.2%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts
Employment composition
City of Monash201520102005
Agriculture, forestry and fishing1010.11400.11630.2
Goods related53,87044.856,09648.756,69552.5
Household services39,27332.735,73731.130,36228.1
Business services22,72818.919,66217.117,99316.7
Public administration and safety4,1023.43,3602.92,6662.5

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.