City of MonashEconomic profile
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In the City of Monash, Construction had the highest local sales, generating $2,378 million in 2014/15.

Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.

To get the full picture how each industry sector contributes to the regional or State economy, local sales data should be viewed alongside the other industry characteristics in the Industry Sector Analysis section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Local sales by industry sector
City of Monash - Constant prices2014/152009/10Change
Industry
(Click rows to view sub-categories)
$m%Greater Melbourne%$m%Greater Melbourne%2009/10 to 2014/15
Agriculture, Forestry and Fishing44.50.30.428.00.20.3+16.5
Mining41.00.20.528.70.20.4+12.2
Manufacturing1,357.38.11.11,522.810.01.1-165.5
Electricity, Gas, Water and Waste Services506.83.01.1614.74.01.3-107.9
Construction2,378.314.30.82,044.313.40.7+334.0
Wholesale Trade996.76.01.0877.95.71.0+118.7
Retail Trade1,093.96.61.1839.75.51.0+254.1
Accommodation and Food Services382.82.30.8364.02.40.8+18.9
Transport, Postal and Warehousing1,059.06.41.11,088.17.11.2-29.1
Information Media and Telecommunications759.04.61.1575.53.81.0+183.5
Financial and Insurance Services1,555.29.31.21,121.17.31.2+434.1
Rental, Hiring and Real Estate Services1,399.28.41.11,053.16.91.1+346.1
Professional, Scientific and Technical Services1,725.810.41.11,678.611.01.1+47.2
Administrative and Support Services749.54.51.0801.15.21.0-51.6
Public Administration and Safety561.63.41.0502.03.30.9+59.7
Education and Training616.73.71.0549.83.60.9+67.0
Health Care and Social Assistance792.74.80.9943.36.21.2-150.6
Arts and Recreation Services222.61.30.9218.31.40.9+4.3
Other Services420.82.51.0426.02.81.0-5.3

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id 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.

Local sales by industry sector 2014/15
Local sales by industry sector 2014/15 Agriculture, Forestry and Fishing, Greater Melbourne: 0.4% Mining, Greater Melbourne: 0.5% Manufacturing, Greater Melbourne: 1.1% Electricity, Gas, Water and Waste Services, Greater Melbourne: 1.1% Construction, Greater Melbourne: 0.8% Wholesale Trade, Greater Melbourne: 1.0% Retail Trade, Greater Melbourne: 1.1% Accommodation and Food Services, Greater Melbourne: 0.8% Transport, Postal and Warehousing, Greater Melbourne: 1.1% Information Media and Telecommunications, Greater Melbourne: 1.1% Financial and Insurance Services, Greater Melbourne: 1.2% Rental, Hiring and Real Estate Services, Greater Melbourne: 1.1% Professional, Scientific and Technical Services, Greater Melbourne: 1.1% Administrative and Support Services, Greater Melbourne: 1.0% Public Administration and Safety, Greater Melbourne: 1.0% Education and Training, Greater Melbourne: 1.0% Health Care and Social Assistance, Greater Melbourne: 0.9% Arts and Recreation Services, Greater Melbourne: 0.9% Other Services, Greater Melbourne: 1.0% Agriculture, Forestry and Fishing, City of Monash: 0.3% Mining, City of Monash: 0.2% Manufacturing, City of Monash: 8.1% Electricity, Gas, Water and Waste Services, City of Monash: 3.0% Construction, City of Monash: 14.3% Wholesale Trade, City of Monash: 6.0% Retail Trade, City of Monash: 6.6% Accommodation and Food Services, City of Monash: 2.3% Transport, Postal and Warehousing, City of Monash: 6.4% Information Media and Telecommunications, City of Monash: 4.6% Financial and Insurance Services, City of Monash: 9.3% Rental, Hiring and Real Estate Services, City of Monash: 8.4% Professional, Scientific and Technical Services, City of Monash: 10.4% Administrative and Support Services, City of Monash: 4.5% Public Administration and Safety, City of Monash: 3.4% Education and Training, City of Monash: 3.7% Health Care and Social Assistance, City of Monash: 4.8% Arts and Recreation Services, City of Monash: 1.3% Other Services, City of Monash: 2.5%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in local sales by industry sector, 2009/10 to 2014/15
Change in local sales by industry sector, 2009/10 to 2014/15 Agriculture, Forestry and Fishing, City of Monash: +$16.5 million Mining, City of Monash: +$12.2 million Manufacturing, City of Monash: -$165.5 million Electricity, Gas, Water and Waste Services, City of Monash: -$107.9 million Construction, City of Monash: +$334.0 million Wholesale Trade, City of Monash: +$118.7 million Retail Trade, City of Monash: +$254.1 million Accommodation and Food Services, City of Monash: +$18.9 million Transport, Postal and Warehousing, City of Monash: -$29.1 million Information Media and Telecommunications, City of Monash: +$183.5 million Financial and Insurance Services, City of Monash: +$434.1 million Rental, Hiring and Real Estate Services, City of Monash: +$346.1 million Professional, Scientific and Technical Services, City of Monash: +$47.2 million Administrative and Support Services, City of Monash: -$51.6 million Public Administration and Safety, City of Monash: +$59.7 million Education and Training, City of Monash: +$67.0 million Health Care and Social Assistance, City of Monash: -$150.6 million Arts and Recreation Services, City of Monash: +$4.3 million Other Services, City of Monash: -$5.3 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the local sales by industry sectors in City of Monash in 2014/15 shows the three largest industries were:

  • Construction (2,378 people or 14.3%)
  • Professional, Scientific and Technical Services (1,726 people or 10.4%)
  • Financial and Insurance Services (1,555 people or 9.3%)

In combination these three industries accounted for $5,659 million in total or 34.0% of the total local sales by total industry in the City of Monash.

In comparison, the same 3 industries in Greater Melbourne accounted for 0.8% in Construction; 1.1% in Professional, Scientific and Technical Services; and 1.2% in Financial and Insurance Services.

The major differences between local sales by industries in the City of Monash and Greater Melbourne were:

  • A larger percentage of local sales by Construction (14.3% compared to 0.8%)
  • A larger percentage of local sales by Professional, Scientific and Technical Services (10.4% compared to 1.1%)
  • A larger percentage of local sales by Financial and Insurance Services (9.3% compared to 1.2%)
  • A larger percentage of local sales by Rental, Hiring and Real Estate Services (8.4% compared to 1.1%)

Emerging groups

The total local sales by industry in the City of Monash increased by $1,386.2 million between 2009/10 and 2014/15.

The largest changes in the local sales by industries between 2009/10 and 2014/15 in the City of Monash were for:

  • Financial and Insurance Services (+$434 million)
  • Rental, Hiring and Real Estate Services (+$346 million)
  • Construction (+$334 million)
  • Retail Trade (+$254 million)

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