Friday, October 26, 2012

Real Growth in Australian Industries.


Take away's from this graph :-

1. The rise of construction, Financial Services and Professional, scientific and technical services.
2. The massive reduction in output from Manufacturing.
3. The flatness of two industries that are traditionally pointed to as sources of growth; Education and training and Ownership of dwellings
4. The flatness of the IT industry after the IT crash of 2001.
5. The mining boom may just be a recovery from a slump in 2003.
6. Health care and social assistance could be the major growth areas in future due to the aging population.

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