BUNDABERG REGION

Bundaberg Region Map
Economic performance of a region can be measured using 10 headline indicators (or EPIs):
collapsed expanded Population
94,380 persons (2015)
EPI 1: Population growth
Measured by the annual % change in estimated resident population
Population Growth
Population
level
Population
level
Annual change (+/-) Annual % change Trend Average annual growth Annual growth vs 5yr avg
2015 1 year ago 2014-15 2014-15 2010-15
Bundaberg 94,380 94,245 +135 0.1% trend down 0.6% Weak
Wide Bay-Burnett 289,196 288,130 +1,066 0.4% trend down 0.8% Weak
Queensland 4,778,854 4,719,925 +58,929 1.2% trend down 1.6% Weak
Australia 23,777,777 23,460,694 +317,083 1.4% trend down 1.5% Weak
Source: ABS
Population
LGA Performance Ratings info
Level Rating
Population change, 2014-15 (+/-) +135 star star star half star
Population growth, 2014-15 (%) 0.1% star star half star
Average annual population growth, 2010-15 (%) 0.6% star star star
collapsed expanded Gross Regional Product
$4.0 billion (2014/15)
EPI 2: Economic growth
Measured by annual change in real Gross Regional Product
EPI 3: GRP per capita
Measured by the total GRP divided by the resident population
Gross Regional Product
GRP ($M) Annual growth Trend Average annual growth Annual growth vs 5yr avg GRP per capita ($) Annual growth
2014/15 2013/14-2014/15 last 5yrs 2014/15 2013/14-2014/15
Bundaberg 3,963.1 -7.7% trend down 0.1% Weak 41,532 -10.9%
Wide Bay-Burnett 12,146.9 -7.4% trend down -0.7% Weak 41,684 -10.1%
Queensland 296,235.0 2.2% trend down 2.7% Underperform 63,584 -1.0%
Australia 1,583,557.0 1.6% trend down 2.5% Weak 68,978 0.7%
Source: ABS, DEEWR, Lawrence Consulting
GRP per capita
LGA Performance Ratings info
Level Rating
Annual GRP growth, 2013/14-2014/15 (%) -7.7% half star
Average annual GRP growth, last 5 years (%) 0.1% star
GRP per capita, 2014/15 ($) $41,532 star half star
Annual GRP per capita growth, 2013/14-2014/15 (%) -10.9% half star
collapsed expanded Labour Market
37,745 employed persons (Mar Qtr 2016)
EPI 4: Employment growth
Measured by the annual change in employed persons (residents)
EPI 5: Unemployment rate
Measured by total unemployed persons as % of labour force
Labour Market
Employed persons Annual change (+/-) Annual growth Trend Unemployment rate Trend Current rate vs 5yr avg
Mar Qtr 2016 yr to Mar Qtr 2016 Mar Qtr 2016 Mar Qtr 2016
Bundaberg 37,745 +3,327 9.7% trend up 8.8% trend down Underperform
Wide Bay-Burnett 111,346 +9,720 9.6% trend up 8.9% trend down Underperform
Queensland 2,356,413 +31,359 1.3% trend up 6.2% trend down Underperform
Australia 11,809,846 +232,662 2.0% trend up 6.0% trend down Underperform
Source: DEEWR, Lawrence Consulting
Unemployment Rate
LGA Performance Ratings info
Level Rating
Annual change in employed persons, yr to Mar Qtr 2016 (+/-) +3,327 star star star star star
Annual growth in employed persons, Mar Qtr 2016 (%) 9.7% star star star star star
Unemployment rate, Mar Qtr 2016 (%) 8.8% star
collapsed expanded Productivity
$59.28 value added/hr worked (2014/15)
EPI 6: Productivity
Measures the efficiency of production within a region by dividing the total value added/GRP by employee hours worked (i.e. labour productivity)
Productivity
Productivity level Productivity level Annual change ($+/-) Annual growth (%) Trend
2014/15 1 yr ago 2013/14-2014/15 2013/14-2014/15
Bundaberg $59.28 $61.49 -$2.21 -3.6% trend down
Wide Bay-Burnett $59.23 $61.10 -$1.88 -3.1% trend down
Queensland $62.92 $63.02 -$0.10 -0.2% trend down
Australia $81.55 $80.45 +$1.10 1.4% trend down
Source: ABS, Lawrence Consulting
Labour Productivity
LGA Performance Ratings info
Level Rating
Labour Productivity, 2014/15 ($value added/hr worked) $59.28 star star half star
Annual productivity growth, 2013/14-2014/15 (%) -3.6% star half star
collapsed expanded Economic Diversity
0.725 (2011)
EPI 7: Index of Economic Diversity
Measures economic diversity within a region by determining the degree to which the region’s industry mix differs from that of the nation. When the index value is close to one, the industrial profile of a region mirrors that of the national economy and is considered more diverse
Economic Diversity
Index value Index value
(Australia = 1.000) (State = 1.000)
Bundaberg 0.725 0.749
Wide Bay-Burnett 0.736 0.764
Queensland 0.980 1.000
Australia 1.000 -
Source: ABS
Index of Economic Diversity
LGA Performance Ratings info
Level Rating
Index of Economic Diversity, 2011 (Australia = 1.000) 0.725 star star star star half star
collapsed expanded Building Activity
431 dwelling approvals (yr to Mar Qtr 2016)
EPI 8: Growth in dwelling approvals
Measured by annual % change in total dwelling approvals
Building Activity
Dwelling approvals Value of non-residential approvals
Level Annual growth Trend Annual growth vs 5yr avg Level
($'000)
Annual growth Trend
yr to Mar Qtr 2016 yr to Mar Qtr 2016 yr to Mar Qtr 2016 yr to Mar Qtr 2016
Bundaberg 431 -4.6% trend down Average 68,072 -28.4% trend down
Wide Bay-Burnett 1,541 7.6% trend up Average 194,526 0.2% trend up
Queensland 46,306 11.9% trend down Average 6,284,207 21.9% trend down
Australia 219,315 6.1% trend down Average 29,733,685 -0.8% trend down
Source: ABS
Dwelling Approvals
LGA Performance Ratings info
Level Rating
Dwelling approvals, yr to Mar Qtr 2016 (no.) 431 star star star star half star
Annual growth in dwelling approvals, yr to Mar Qtr 2016 (%) -4.6% star star half star
Value of non-residential approvals, yr to Mar Qtr 2016 ($’000) 68,072 star star star star half star
Annual growth in non-residential approvals, yr to Mar Qtr 2016 (%) -28.4% star star
collapsed expanded Business Numbers
6,502 businesses (June 2015)
EPI 9: Average business turnover
Measured by the average turnover of entities whose registered place of business for GST is within the region
Local Business Turnover
Business count Annual growth Estimated local business turnover ($M) Annual growth Average business turnover ($'000) Trend
June 2015 yr to June 2015 2014/15 2013/14-2014/15 2014/15
Bundaberg 6,502 -0.5% 2,680.8 -0.4% 412.3 trend up
Wide Bay-Burnett 21,348 -1.0% 7,970.2 1.1% 373.3 trend up
Queensland 410,847 0.2% 172,520.8 2.3% 419.9 trend up
Australia 2,095,698 1.2% 884,887.4 4.2% 422.2 trend up
Source: ABS, Lawrence Consulting
Average Business Turnover
LGA Performance Ratings info
Level Rating
Local businesses, June 2015 (no.) 6,502 star star star star half star
Annual growth, yr to June 2015 (%) -0.5% star star half star
Average business turnover, 2014/15 ($) $412,300 star star half star
collapsed expanded Income
$22,254 per capita (2012/13)
EPI 10: Per capita income
Measured by total income based on ATO returns divided by estimated resident population
Personal Income
Per capita income Average wage
Level Annual growth Trend Average annual growth Annual growth vs 5yr avg Level Annual growth
2012/13 2011/12-2012/13 2007/08-2012/13 2012/13 2011/12-2012/13
Bundaberg $22,254 6.7% trend down 4.9% Outperform 49,820 9.8%
Wide Bay-Burnett $20,463 6.2% trend up 4.1% Strong 49,396 9.4%
Queensland $30,596 6.3% trend down 4.1% Average 57,781 7.6%
Australia $31,968 5.1% trend down 4.1% Average 58,893 6.5%
Source: ABS, Lawrence Consulting
Per capita income
LGA Performance Ratings info
Level Rating
Per capita income, 2012/13 ($) $22,254 star
Annual growth, 2011/12-2012/13 (%) 6.7% star star star star half star
Average annual growth, last 5 years (%) 4.9% star star star star
Average wage, 2012/13 ($) $49,820 star star
Click on arrow to expand. Hover over data points in interactive graphs for actual values.
LGA Performance Ratings info
Bundaberg Region
Period Level Rating
EPI 1: Population growth 2015 0.1% star star half star
EPI 2: Economic growth 2014/15 -7.7% half star
EPI 3: GRP per capita 2014/15 $41,532 star half star
EPI 4: Employment growth yr to Mar Qtr 2016 9.7% star star star star star
EPI 5: Unemployment rate Mar Qtr 2016 8.8% star
EPI 6: Productivity level 2014/15 $59.28 star star half star
EPI 7: Index of Economic Diversity 2011 0.725 star star star star half star
EPI 8: Growth in dwelling approvals yr to Mar Qtr 2016 -4.6% star star half star
EPI 9: Average business turnover 2014/15 $412,300 star star half star
EPI 10: Per capita income 2012/13 $22,254 star
       
Average performance rating star star half star

LGA Performance Ratings are exclusively compiled by Lawrence Consulting and measure the comparative performance of a local government area against the 558 LGAs within Australia.

The ratings use a 5-star scale, where one star is equivalent to the 20th percentile (i.e. within the lower 20 percent of LGAs for a single measure)