RDA Darling Downs and South West RegionEconomic profile
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Balonne Shire

Local workers - Qualifications - Financial and Insurance Services

In Balonne Shire, the Financial and Insurance Services workforce has a lower proportion with tertiary qualifications compared to Queensland.

Qualification levels help to evaluate the economic opportunities and socio-economic status of local workers in a particular industry.

The level of qualifications in a workforce relate to a number of factors including:

  • The age of the workforce;
  • The skill and qualification level required to enter an industry;
  • The professional or working ambitions of people (to seek education as youth or retraining as adults);
  • The opportunities afforded to people to continue studying beyond compulsory schooling.

Educational Qualification statistics should be looked at in conjunction with Field of qualification and Occupation data for a full education analysis for RDA Darling Downs and South West Region.

Australian Bureau of Statistics (ABS) – Census 2011 (experimental imputed) & 2016 – by place of work

Please note – The 2016 Census used a new methodology to “impute” a work location to people who didn’t state their workplace address. As a result, 2016 and 2011 place of work data are not normally comparable. To allow comparison between 2011 and 2016, .id has sourced a 2011 dataset from the ABS which was experimentally imputed using the same methodology. To provide this detail, Balonne Shire in 2011 had to be constructed from a best fit of Work Destination Zones (DZNs). While it may not be an exact match to the LGA or region boundary, it is considered close enough to allow some comparison. Users should treat this time series data with caution, however, and not compare directly with 2011 data from any other source.

Local workers qualifications
Balonne Shire - Financial and Insurance Services20162011Change
Qualification levelNumber%Queensland %Number%Queensland %2011 to 2016
Bachelor or Higher degree----33.0314.327.5--
Advanced Diploma or Diploma535.718.3419.015.9+1
Certificate I and II Level----1.2314.31.7--
Certificate III & IV Level535.712.8314.311.6+2
Certificate Level, nfd----2.300.02.1--
No qualification428.630.5838.138.3-4
Inadequately described or not stated----2.000.02.9--

Source: Australian Bureau of Statistics, Census of Population and Housing 2011 and 2016. Compiled and presented by .id , the population experts.

Local workers qualification, 2016
Local workers qualification, 2016 Bachelor or Higher degree, Queensland: 33.0% Advanced Diploma or Diploma, Queensland: 18.3% Certificate I and II Level, Queensland: 1.2% Certificate III & IV Level, Queensland: 12.8% Certificate Level, nfd, Queensland: 2.3% No qualification, Queensland: 30.5% Advanced Diploma or Diploma, Balonne Shire: 35.7% Certificate III & IV Level, Balonne Shire: 35.7% No qualification, Balonne Shire: 28.6%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016
Compiled and presented in economy.id by .id, the population experts.
Change in local workers qualification, 2011 to 2016
Change in local workers qualification, 2011 to 2016 Advanced Diploma or Diploma, Balonne Shire - Financial and Insurance Services: +1 Certificate III & IV Level, Balonne Shire - Financial and Insurance Services: +2 No qualification, Balonne Shire - Financial and Insurance Services: -4
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 and 2016
Compiled and presented in economy.id by .id, the population experts.

Dominant groups

Analysis of the qualifications of the Financial and Insurance Services in Balonne Shire in 2016 compared to Queensland shows that there was a lower proportion holding formal qualifications (Bachelor or higher degree; Advanced Diploma or Diploma; or Vocational qualifications), as well as a lower proportion with no formal qualifications.

Overall, 35.7% of the Financial and Insurance Services held educational qualifications, and 28.6% had no qualifications, compared with 54.7% and 30.5% respectively for Queensland.

The major differences between the qualifications held by the Financial and Insurance Services workforce in Balonne Shire and Queensland were:

  • A larger percentage of local workers with Certificate III & IV Levels (35.7% compared to 12.8%)
  • A larger percentage of local workers with Advanced Diploma or Diplomas (35.7% compared to 18.3%)
  • A smaller percentage of local workers with Bachelor or Higher degrees (0.0% compared to 33.0%)
  • A smaller percentage of local workers with Certificate Level, nfds (0.0% compared to 2.3%)

Emerging groups

The largest changes in the qualifications held by the Financial and Insurance Services workforce in Balonne Shire between 2011 and 2016 were:

  • No qualifications (-4 local workers)
  • Certificate III & IV Levels (+2 local workers)
  • Advanced Diploma or Diplomas (+1 local workers)

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