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REMPLAN Blog

Wednesday, 16 March 2016

Updated Business Counts Data - Staff & Turnover by Industry Sector

REMPLAN public-access economic and community profiles have now been updated with the latest area-specific business counts data. 

Released by the Australian Bureau of Statistics (ABS), the latest estimates are for June 2015. (June 2013 and  June 2014 estimates have also been revised). The data features business counts by industry sector, by employment size range and turnover size range. 
 The ABS has found that '...the number of actively trading businesses has increased by 1% from June 2014 levels...Victoria recorded the largest annual incease in business counts' and 'The Financial and Insurance Services Industry Division is the fastest growing Industry Division.'
To view the new data, please visit a REMPLAN economic or community profile:
http://www.communityprofile.com.au/parramatta/trends/business-counts/staff
http://www.communityprofile.com.au/parramatta/trends/business-counts/turnover 
Click on the 'Trends' tab at the top right hand side of the screen, then select the heading 'Business Counts (Staff)' or 'Business Counts (Turnover)' from the sub-menu. Please click on the image below to view an example of the business counts data:


http://www.economicprofile.com.au/parramatta/trends/business-counts/staff

The next release of business counts data is scheduled for February 2017.

For more information regarding business counts and other economic indicators, please contact the team at REMPLAN, telephone: 1300 737 443.

Friday, 11 March 2016

New SEIFA (Relative Disadvantage) Report - Online Community Profiles



 We are pleased to advise you that online REMPLAN Community Profiles now display a new ‘SEIFA (Relative Disadvantage)’ report.

Social Economic Indexes for Areas (SEIFA) is a suite of indexes that have been created by the Australian Bureau of Statistics from social and economic Census information.

The new ‘SEIFA (Relative Disadvantage)’ report presents information from the Index of Relative Socio-economic Disadvantage (IRSD), a general socio-economic index that summarises a range of information about the economic and social conditions of people and households within an area. This index includes only measures of relative disadvantage.
  
A SEIFA low score indicates relatively greater disadvantage in general. For example, an area could have a low score if there are (among other things): 
  • Many households with low income, many people with no qualifications, or many people in low skill occupations.

A SEIFA high score indicates a relative lack of disadvantage in general. For example, an area may have a high score if there are (among other things):
  • Few households with low incomes, few people with no qualifications, and few people in low skilled occupations. 

The SEIFA report is a useful resource to assist with funding applications. SEIFA is particularly relevant where the objective of the fund is to promote growth and sustainability of disadvantaged regions, especially in cases where level of disadvantage forms part of the assessment criteria. E.g. National Stronger Regions Fund (NSRF) projects must deliver economic advantage to disadvantaged regions and assessment criteria include ‘…the extent to which a project addresses disadvantage in a region’.

To view the report via the online profiles, select the 'Wellbeing' tab towards the top right of the screen, then select 'SEIFA (Relative Disadvantage)' from the sub-menu.

Please click on the image below for an live example of the SEIFA report:
http://remplan.co/1RayEoj

Feel free to contact the REMPLAN team on 1300 737 443 if you have any questions regarding the SEIFA report.
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At REMPLAN we are a team of economists, demographers and software developers. We develop online analytical tools and information resources for economic development and planning practitioners in local, state and federal government agencies, consulting firms, university researchers and students.

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