Page 5355 - Week 17 - Thursday, 13 December 1990
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MINISTER FOR THE AUSTRALIAN CAPITAL TEERQITCRY
LEGISLATIVE ASSEMBLY QUESTION
New Businesses
Question No 287
MS FOLLETT - Asked the Chief Minister-upon notice on 20 November 1990:
(1) How many new businesses have commenced in the ACT since
December 1989-.
(2) What is the employment capacity of those businesses.
MR KAINE - The answer to the members question is as follows:
(1) Information relating to the number of new. businesses is
not readily available.
Such information could only be obtained by interrogating t.^.e Australian Bureau of Statistics Integrated Register, for the period from December 1989, at a cost of approximately $8000. However, it should be noted that the ABM are currently undertaking a register review and the data is not 100 per cent accurate.
An alternative source is the ACT Business List, held within the ACT Government Service. This list shows that as at 1 November 1989 there were a total of 12360 establishments operating in the ACT. Information pertaining to 1 November 1990 will be available in June 1991, allowing a comparison of business activity during the period in question.
(2) Employment capacity is something for which there is no data, however there is information available relating to employment growth. Employment growth in the ACT has been strong despite the generally unfavourable economic conditions.
In 1989/90 employment grew in the ACT by 3700 jobs (2.6%) compared to a forecast of 2.0%. , This is higher than the national growth of 2.2%. In the first quarter of 1990/91 (September 1990) employment grew by a further 1600. ACT employment is forecast to grow moderately in 1990/91 as economic conditions in Australia and the ACT are expected to gradually improve.
Employment in the private sector continues to increase faster than in the public sector. In the period June 1983 to March 1990 the percentage of the ACT workforce employed in the private sector increased from 41% to 51.8%.
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