WESTERN AUSTRALIA ECONOMIC PROFILE – September 2013

Western Australia’s gross state product (GSP) totalled $239 billion in 2011-12, comprising 16% of
Australia’s gross domestic product (GDP). Western Australia’s GSP per capita was $100,127 in
2011-12, the highest in Australia and 55% higher than the national average of $64,725.
Gross state (domestic) product growth  Western Australia’s GSP rose 6.7% in
8% 2011-12, up from 4.0% growth in
6.7% 2010-11. Growth in 2011-12 was
6.2% 6.2%
5.8% above its annual average growth of
6%
4.9% 4.9% 4.8% over the past 10 years and it
4.3% 4.3%
4.0%
was the highest growth since
3.9% 3.8% 3.8%
4%
3.3%
1989-90.
3.0%
2.5%  GSP is forecast to rise 5.75% in
2%
2012-13 and 3.25% in 2013-14
(2013-14 State Budget).
 Australia’s GDP rose 3.4% to
0% $1,473 billion in 2011-12 and is
2002-03 2005-06 2008-09 2011-12 2014-15
forecast to rise 3.0% in 2012-13 and
Western Australia Australia 2.5% in 2013-14 (2013-14 Budget and
Note – Forecasts start in 2012-13.
Source: ABS 5220.0 State Accounts and 5204.0 National Accounts; and WA and Australian Treasury.
Pre-Election Economic and Fiscal
Outlook).
Major components of GSP growth (annual change)
40%  The State’s business investment rose
38% in 2011-12. It was the largest
30% contributor to GSP growth ahead of
merchandise exports (up 5%) and
20%
household consumption (up 6%).
10%  Business investment and
merchandise exports are forecast to
0% rise 9% and 9.5% respectively in
2012-13 (2013-14 State Budget).
-10%
2007-08 2010-11 2013-14 2016-17  Merchandise exports are expected to
Business investment Merchandise exports
rise by an annual average of 6% from
2013-14 to 2016-17, offsetting falling
Household consumption
business investment (down 9% in
Note – Forecasts start in 2012-13.
Source: ABS 5220.0 State Accounts; and WA Treasury. 2013-14, 7% in 2014-15, 5% in
.
2015-16 and 4% in 2016-17).
Industry sectors (value added)
 The mining industry accounted for
Mining
$83b 35% of Western Australia’s GSP in
Services industries
2011-12, followed by services
$65b
industries (27%) and construction
Construction
$28b
(12%).
Non-market(a) 2010-11
 Mining made the largest industry
$22b
2011-12
contribution to GSP growth in
Manufacturing
$11b
2011-12, with value added rising 8%.
 Services industries (up 5%) and
Utilities(b)
$5b construction (up 10%) were other
Agriculture, forestry & fishing major contributors to GSP growth in
$3b
2011-12.
$0b $20b $40b $60b $80b $100b
 Value added by the agriculture,
(a) Public administration and safety; health care and social assistance; and education and training.
(b) Electricity, gas, water and waste services. forestry and fishing industry rose 50%
Source: ABS 5220.0 State Accounts.
in 2011-12.

Western Australia Economic Profile – Sep. 2013 Page 1 of 10 Release Classification - Public
 Population and labour market
Western Australia has 33% of Australia’s land area and 10.8% of its population. According to ABS
projections the State’s share of the national population will rise to 12% (4.3 million) by 2056. There
were 1.32 million people employed in Western Australia in August 2013. According to the Department
of Education, Employment and Workplace Relations, Western Australia’s employment will grow an
annual average of 1.8% (25,040) to 1.44 million workers over the 5 years to November 2017.
Population growth  Western Australia’s population rose
100,000 4% 28% (534,107) or 2.5% a year on
average over the 10 years to 2012. It
75,000 3% rose 3.5% (83,031) to 2,472,717 in
2012.
50,000 2%  Net overseas migration contributed
63% (52,306) of the population
growth in 2012 and net interstate
25,000 1%
migration rose 17% to 10,417.
0 0%
 Population growth accelerated from
2003 2006 2009 2012 2.4% in 2010 to 3.0% in 2011 and
3.5% in 2012. It is forecast to
Net overseas migration Natural increase
decelerate to 3.2% in 2012-13 and
Net interstate migration Population growth rate (%)
2.2% in 2013-14 (2013-14 State
Source: ABS 3101.0 Australian Demographic Statistics.
Budget).
Labour market
8%  Western Australia’s employment rose
0.9% (11,300) over the 12 months to
6% August 2013, despite a 0.2% (2,100)
fall in the past 3 months. Australia’s
4%
employment rose 0.9% (108,900)
2%
over the year to August 2013.
 The State’s unemployment rate was
0% 5.0% in August 2013; higher than the
4.6% in the previous month and 4.0%
-2% a year earlier. Australia’s
Aug-04 Aug-07 Aug-10 Aug-13
unemployment rate was 5.8%.
WA employment growth (12 months)
WA unemployment rate  Employment growth is forecast to
Aust unemployment rate
slow to 1.25% in 2013-14 and the
Source: ABS 6202.0 Labour Force.
unemployment rate to rise to 5.5%
(2013-14 State Budget).
Industry sector employment
 The services sector comprised 47%
Services
621,900 of Western Australia’s employment in
Non-market(a)
2012-13, followed by the non-market
313,700 sector (24%) and construction (10%).
Construction
133,200  The mining industry accounted for 8%
2011-12
of State employment in 2012-13.
Mining
103,800
2012-13
 Services sector employment rose by
Manufacturing 22,500 (4%) in 2012-13, the largest
93,600
rise in the State ahead of construction
Agriculture, forestry & fishing
34,200 (up 12,300 or 10%).
Utilities(b)  Mining employment fell by 12,800
22,000
(11%) in 2012-13, the largest fall in
0 200,000 400,000 600,000 800,000 the State ahead of manufacturing
(a) Public administration and safety; health care and social assistance; and education and training.
(b) Electricity, gas, water and waste services. (down 9,600 or 9%).
Source: ABS 6291.0.55.003 Labour Force.

Western Australia Economic Profile – Sep. 2013 Page 2 of 10 Release Classification - Public
 Investment
Business investment accounted for 29% of Western Australia’s GSP in 2011-12. The State accounted
for 28% of Australia’s business investment in 2012-13 and 53% of Australia’s total value of resource
projects under construction or committed in April 2013 according to the Bureau of Resources and
Energy Economics (BREE).
Business and mining investment  Business investment in Western
$80b 40% Australia increased 8% in real terms
in 2012-13, below its 16% annual
average growth over the past 10
$60b 30%
years.
 Business investment rose 9% in
$40b 20% nominal terms to $75 billion in
2012-13.
$20b 10%  The value of private new capital
expenditure of selected industries1
rose 4% to $58 billion in 2012-13
$0b 0%
2003-04 2006-07 2009-10 2012-13
(36% of the Australian total).
Business investment  The value of new capital expenditure
Mining industry new capital expenditure
Share of Aust business investment (%) by the mining industry rose 7% to
1
Excludes new capital expenditure in the industries of agriculture, forestry and fishing; public administration and safety; $48 billion in 2012 (51% of the
education and training; health care and social assistance; and superannuation funds.
Source: ABS 5206.0 National Accounts, 5220.0 State Accounts and 5625.0 Private New Capital Expenditure. Australian mining total).
Engineering construction
$80b  The value of engineering
construction work done rose 43%
$60b
($14 billion) to $45 billion in Western
Australia in 2012.
 Higher input prices contributed 3% of
$40b the growth in the value of
engineering construction work done
$20b in 2012.
 The State had $62.5 billion of
engineering construction work in the
$0b
2003 2006 2009 2012 pipeline at the end of 2012, mainly
comprising the Gorgon and
Value of work done Value of work in pipeline
Wheatstone LNG projects.
Source: ABS 8762.0 Engineering Construction Activity.

Investment in major resource projects ($billion)  In March-April 2013 there was

Commodity Constructing/committed Under consideration1 $177 billion of resource projects
Mar-Apr.13 Sep.12 Mar-Apr.13 Sep.12 under construction or committed in
Alumina - - - - Western Australia and a further
Gold 0.8 1.0 3.1 0.2 $120 billion under consideration.
Iron ore 29.6 29.4 30.4 34.2  There was $111 billion of LNG and
Nickel 0.2 0.1 3.5 3.5 $30 billion of iron ore projects under
Crude oil2 1.5 1.5 0.8 0.8 construction or committed.
LNG 111.0 100.2 57.8 88.1  Major changes since September
Gas 9.0 9.0 0.6 0.4 2012 were a $9 billion rise in the
Infrastructure cost of the Gorgon LNG project and
24.6 26.3 23.9 24.2 $30 billion fall in LNG projects under
& other3
Total 176.7 167.4 120.1 151.4 consideration, mainly due to lower
1
2
Yet to reach a final investment decision. cost floating LNG developments
Includes condensate.
3
Includes minerals mining and oil and gas extraction infrastructure and other commodities. being considered for the Browse and
Source: Department of Mines and Petroleum (DMP), Resource Statistics.
Scarborough LNG projects.

Western Australia Economic Profile – Sep. 2013 Page 3 of 10 Release Classification - Public
 Investment continued
Major resource projects under construction or committed: September 2013
Projects A$ billion Mtpa (target) Start up
Iron ore and associated infrastructure:
Fortescue Metals Group – Chichester & Solomon Hub T155
8.8 60 Mar. 2013
(Includes Port & Rail)
Rio Tinto – Pilbara 290 Iron Ore Expansion 9.4 53 Sep. 2013
BHP Billiton – Jimblebar Mine Expansion 3.7 35 (55) Dec. 2013
CITIC Pacific – Sino Iron – Cape Preston Mine & Processing 7.5 8 (24-70) Jun. 2014
Rio Tinto – Pilbara 360 Iron Ore Expansion 1
5.7 70 Jun. 2015
Hancock Prospecting – Iron Ore Mine & Infrastructure – Roy Hill2 9.9 55 Sep. 2015
Total 45.0 297

LNG and associated gas supply and infrastructure:

Woodside – North Rankin Redevelopment 5.0 - (19.5) Dec. 2013

Gorgon JV Gas Processing Plant 50.8 15.6 (26) Mar. 2015
Woodside – Greater Western Flank (Phase 1) 2.3 - Mar. 2016
Chevron – Wheatstone LNG Plant 28.3 8.9 (25) Dec. 2016
Inpex/Total – Ichthys Gas Field 14.4* - (8.4 NT) Dec. 2016
Shell – Prelude Floating LNG Plant 12.0 3.6 Jun. 2017
Total 112.8 28.1
1
Investment approved for port, rail and autonomous trains. Investment in associated mine expansions yet to be approved.
2
Technically under consideration as no final investment decision has been made, but construction has started and DSD expect the project will proceed.
Mtpa - Million tonnes per annum.
Exchange rate conversion = $US1.02 (2012-13).
* DSD estimate.
Source: Deloitte Access Economics, Investment Monitor; BREE, Mining Industry Major Projects; and company announcements, reports and presentations.

Minerals and petroleum exploration  Minerals exploration expenditure fell

$4b 16% ($343 million) to $1.8 billion in
Western Australia in 2012-13 (58% of
the Australian total).
$3b
 Iron ore exploration fell 10%
($104 million) to $922 million in
$2b 2012-13.
 Gold exploration fell 16% ($91 million)
$1b
to $467 million in 2012-13.
 Other minerals exploration fell 28%
($149 million) to $375 million in
$0b 2012-13, mainly due to falling nickel
2003-04 2006-07 2009-10 2012-13
exploration.
Iron ore Gold Other minerals(a) Petroleum  Petroleum exploration expenditure
(a) Includes copper, silver, lead, zinc, nickel, cobalt, mineral sands, uranium, coal, diamonds, tin, tungsten, scheelite,
wolfram and construction materials.
rose 56% ($1.2 billion) to $3.3 billion
Source: ABS 8412.0 Minerals and Petroleum Exploration. in 2012 (69% of the Australian total).

Western Australia Economic Profile – Sep. 2013 Page 4 of 10 Release Classification - Public
 Commodities
According to the Reserve Bank of Australia, non-rural commodity prices fell 12% in 2012-13 and rural
commodity prices rose 3%. The value of Western Australia’s minerals and petroleum sales fell 10% to
$97 billion in 2012. Royalty income in Western Australia is expected to rise 3% to $4.5 billion in 2012-13
(excluding North West Shelf Grants from the Federal Government), with iron ore royalties increasing 3%
to $3.9 billion (87% of total royalties) according to the 2013-14 State Budget.
Iron ore and LNG prices  The iron ore price fell 15% in 2012-13
$US200 $US20 (including shipping costs). In the 3
months to August 2013, the iron ore
$US150 $US15 price rose 10% to US$137 a tonne.
 The LNG price fell 5% in 2012-13. In
$US100 $US10
the 3 months to August 2013, the
LNG price rose 1% to US$16.3 a
million British thermal unit.
$US50 $US5
 The gold price fell 16% in 2012-13. In
the 3 months to August 2013, the gold
$US0 $US0 price fell 4% to US$1,352 a troy
Aug-03 Aug-05 Aug-07 Aug-09 Aug-11 Aug-13
ounce.
Iron ore/t (62% Fe, Spot, CFR) (left axis)  The crude oil price rose 16% in
LNG/mmbtu (Japan) (right axis) 2012-13. In the 3 months to August
Source: World Bank, Commodity Price Data (monthly prices in nominal US dollars). 2013, the crude oil price rose 12% to
US$106.5 a barrel.
Iron ore spot price forecast
$US160/t $US154/t  Treasury expects the headline iron
$US129/t $US127/t $US124/t ore spot price to fall 2% to US$127 a
$US122/t $US119/t
$US120/t tonne in 2013-14 and 8% to US$119
a tonne from 2012-13 to 2016-17.
$US80/t  The effective iron ore spot price is
forecast to fall 4% to US$117 a tonne
in 2013-14 and 13% to US$106 a
$US40/t
tonne from 2012-13 to 2016-17. The
effective price is the headline price
$US0/t adjusted for grade, moisture and
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
freight to determine royalty income.
Headline iron ore ($US/tonne CFR)
 The exchange rate is forecast to fall
Effective iron ore ($US/tonne FOB)
from US102.7 cents in 2012-13 to
Note – Forecasts start in 2013-14.
Source: WA Treasury. US92.0 cents in 2013-14 and
US85.5 cents in 2016-17.
World minerals and LNG production: 2012
Commodity WA Aust. World
WA %  Western Australia produced over a
of world quarter of the world’s iron ore (26%)
Iron ore (Mt) 505 520 1,915 26.4 in 2012 and large shares of the
Garnet (000ct) 260 260 1,700 15.3 world’s production of garnet (15%)
Zirconium (000t) 206 605 1,376 15.0
and zirconium (15%).
Nickel (000t) 246 246 1,750 14.1
Alumina (Mt) 13 21 92 14.0  Western Australia produced all of
Rutile (000t) 51 439 639 8.0 Australia’s nickel, garnet and
Diamonds (000ct) 11,960 11,960 152,000 7.9 diamonds in 2012; 97% of its iron ore;
Ilmenite (000t) 823 1,344 11,776 7.0 and most of its LNG (84%), crude oil
LNG (Mt) 18 22 288 6.3 and condensate (75%), gold (72%),
Gold (t) 179 250 2,836 6.3 alumina (61%) and ilmenite (61%).
Mt – Million tonnes
Source: DMP, Resource Data Files; and BREE.

Western Australia Economic Profile – Sep. 2013 Page 5 of 10 Release Classification - Public
 Commodities continued
Major minerals and petroleum sales  The value of Western Australia’s iron
ore sales fell 19% to $51 billion in
$62.7b
Iron ore
$51.0b
2012 (53% of the State’s minerals and
petroleum sales) and the volume rose
$9.3b
LNG
$11.3b 12% to 476 million tonnes.
$12.6b  The value of LNG sales rose 21% to
Crude oil(a)
$11.0b $11 billion in 2012 (12% of the State’s
2011
$8.8b minerals and petroleum sales) and
Gold 2012
$9.4b the volume rose 14% to 18 million
Nickel
$3.9b tonnes.
$3.8b
 The value of crude oil and condensate
Alumina
$4.1b sales fell 13% to $11 billion in 2012
$3.6b
(11% of the State’s minerals and
$0b $10b $20b $30b $40b $50b $60b $70b petroleum sales) and the volume fell
(a) Includes condensate.
Source: DMP, Minerals and Petroleum Summary Tables.
13% to 16 gigalitres.
 The value of gold sales rose 6% to
$9 billion in 2012 (10% of the State’s
minerals and petroleum sales) and
the volume rose 1% to 181 tonnes.
Iron ore and LNG sales outlook
750Mt 75Mt  Western Australia’s iron ore sales are
forecast to rise 33% to 682 million
tonnes from 2012-13 to 2016-17
500Mt 50Mt
(2013-14 State Budget).
 LNG sales are expected to grow from
15 million tonnes in 2011-12 to a
capacity of almost 50 million tonnes in
250Mt 25Mt 2016-17.
 Western Australia accounted for 40%
(477 million tonnes) of proposed iron
0Mt 0Mt ore expansions by the top 10 iron ore
2010-11 2013-14 2016-17 exporting countries in 2012 and 25%
Iron ore (left axis) LNG (right axis) (28.1 million tonnes) of global LNG
Note – Projections and/or forecasts start in 2012-13 for LNG and 2013-14 for iron ore. capacity under construction in 2013.
Source: DSD; and DMP, Minerals and Petroleum Summary Tables.

Major agricultural production

$1397m
 In 2011-12, agriculture, forestry and
Wheat
$2806m fishing production rose 12.5% to
$385m
$7.9 billion.
Canola
$625m  The value of wheat production in
$323m Western Australia rose 101% to
Barley
$565m
2010-11
$2.8 billion in 2011-12 and the volume
Cattle & calves
$606m
2011-12
rose 121% to 11 million tonnes.
$517m
 The value of canola production rose
Wool
$558m 62% to $625 million in 2011-12 and
$495m
the volume rose 72% to 1.2 million
$528m
Sheep & lambs tonnes.
$455m
 The value of barley production rose
$0m $1000m $2000m $3000m
75% to $565 million in 2011-12 and
Source: ABS 7111.0 Principal Agricultural Commodities.
the volume rose 81% to 2.9 million
tonnes.

Western Australia Economic Profile – Sep. 2013 Page 6 of 10 Release Classification - Public
 Commodities continued
Iron ore resources (million tonnes)

Source: DSD

Natural gas resources (trillion cubic feet)

Source: DMP, Statistics Digest

Western Australia Economic Profile – Sep. 2013 Page 7 of 10 Release Classification - Public
 International trade
In 2011-12, exports of goods and services accounted for 53% of Western Australia’s GSP. The mining
industry contributed 87% ($100 billion) of the State’s merchandise exports in 2012, with the rest mainly
agricultural and manufactured products. In 2012-13, Western Australia contributed 47% of Australia’s
merchandise exports, more than New South Wales, Victoria and Queensland combined (45%), and
large shares of national exports to China (69%), the Republic of Korea (47%) and Japan (46%).
Merchandise trade  The value of Western Australia’s
$150b 60% merchandise exports fell 4% to
$117 billion in 2012-13.
 Merchandise export volumes rose 9%
$100b 40% in 2012-13, higher than the 4% annual
average growth in the past 10 years.
 The value of merchandise imports fell
$50b 20%
5% to $33 billion in 2012-13, mainly
due to lower imports of gold (down
31% to $3.4 billion) and civil
engineering plant and equipment
$0b 0% (down 45% to $1.6 billion).
2003-04 2006-07 2009-10 2012-13
 Merchandise exports mainly
Exports Imports Share of Aust exports (%)
comprised iron ore (48%), gold (13%),
Source: ABS 5368.0 International Trade in Goods and Services, 5206.0 National Accounts and 5220.0 State Accounts.
LNG (10%) and crude oil and
condensate (8%) in 2012-13.
Major export commodity values
$20b $100b  The value of Western Australia’s iron
ore exports rose by an annual
$16b $80b average of 27% over the 10 years to
2012-13, but fell 9% to $56 billion in
$12b $60b 2012-13.
 The value of LNG exports rose by an
$8b $40b
annual average of 16% over the 10
years to 2012-13 and 21% to
$4b $20b
$11 billion in 2012-13.
$0b $0b
 Gold exports fell 5% to $15 billion in
2003-04 2006-07 2009-10 2012-13 2012-13. Around 40% of gold exports
Iron ore (right axis) LNG Crude oil(a) Gold
are not mined in Western Australia.
(a) Includes condensate.
 Crude oil and condensate exports fell
ABS 5368.0 International Trade in Goods and Services 16% to $9 billion in 2012-13.
Iron ore and LNG export volumes
600Mt 30Mt  The volume of Western Australia’s
iron ore exports rose by an annual
500Mt 25Mt
average of 11% over the 10 years to
2012-13 and 12% to 513 million
400Mt 20Mt
tonnes in 2012-13.
300Mt 15Mt  Iron ore export volumes to China rose
from 53 to 380 million tonnes over the
200Mt 10Mt 10 years to 2012-13.
 Western Australia had 42% of global
100Mt 5Mt iron ore export volumes in 2012.
 The volume of LNG exports rose by
0Mt 0Mt
1992-93 1997-98 2002-03 2007-08 2012-13 an annual average of 10% over the 10
years to 2012 and 14% to 18 million
China Japan Korea Other LNG (right axis)
tonnes in 2012.
Source: ABS 5368.0 International Trade in Goods and Services; and DMP, Resource Data Files.

Western Australia Economic Profile – Sep. 2013 Page 8 of 10 Release Classification - Public
 International trade continued
Services trade  Western Australia contributed 11% of
$12b 12% Australia’s services exports in 2012.
$10b
 Western Australia’s services exports
rose 9% ($467 million) to $5.6 billion
$8b 10% in 2012, mainly due to a rise in
business travel to the State.
$6b  The State’s services imports rose
$4b 8%
18% ($1.7 billion) to $11.0 billion in
2012, mainly due a rise in
$2b architectural, engineering, scientific
and other technical services imports.
$0b
2003 2006 2009 2012
6%
 Western Australia’s services trade
deficit rose 30% to $5.4 billion in
Exports Imports Share of Aust exports (%)
2012.
Source: ABS 5368.0.55.004 International Trade in Services by Country, State and Detailed Services Category.

Major trading partners: 2012-13

 China was Western Australia’s largest
China $54.4b $3.8b export market in 2012-13 ($54 billion
or 47%), followed by Japan
Japan $21.6b $3.1b ($22 billion or 19%).
 China overtook Japan as the State’s
Korea (Republic of) $8.9b $1.4b
largest export market in 2006-07.
Singapore $3.8b $3.5b
 The value of the State’s exports to
China fell 1% ($562 million) in
USA $1.7b $3.7b
2012-13 and exports to Japan fell 6%
($1.3 billion).
$0b $10b $20b $30b $40b $50b $60b $70b  China was Western Australia’s largest
Exports Imports source of imports in 2012-13
Source: ABS 5368.0 International Trade in Goods and Services.
($3.8 billion or 11%), followed by the
USA ($3.7 billion or 11%).
Major export commodity markets: 2012-13
Iron ore $ billion Gold $ billion Crude oil $ billion  China was the largest market for
Western Australia’s iron ore exports in
China 40.9 China 6.0 China 2.0 2012-13, valued at $41 billion or 73%
Japan 8.6 India 3.0 Singapore 1.8 of total iron ore exports.
Korea 4.9 UK 2.6 Korea 1.5
Taiwan 1.5 Thailand 1.3 Japan 1.0  China was the largest market for the
State’s gold exports in 2012-13,
Total 56.0 Total 14.9 Total 9.3 valued at $6 billion (40% of total gold
exports).
Note – Crude oil includes condensate.
Source: DSD, Trade Stats Database.  China was the largest market for the
State’s crude oil exports in 2012-13,
valued at $2 billion (21% of total crude
oil exports).
 Western Australia exported 18 million
tonnes of LNG in 2012. In volume
terms, 73% of the State’s LNG went
to Japan based on long and medium
contracts in force in 2012. Other
major markets were China (21%) and
the Republic of Korea (4%).

Western Australia Economic Profile – Sep. 2013 Page 9 of 10 Release Classification - Public
 International trade continued
Total exports by major port ($ million)
Major port 2011-12 2012-13 Change ($m) Change (%)
Dampier 33,855 33,058 -797 -2.4
Port Hedland 30,694 29,670 -1,024 -3.3
Fremantle 9,971 10,037 66 0.7
Cape Lambert 9,769 8,228 -1,541 -15.8
Offshore WA ports 7,013 5,224 -1,789 -25.5
Bunbury 4,245 4,720 475 11.2
Geraldton 2,612 3,214 602 23.0
Esperance 2,626 2,545 -81 -3.1
Source: ABS 5368.0 International Trade in Goods and Services.

Iron ore sales volumes by major producers and ports (million tonnes per annum)
2008-09 2009-10 2010-11 2011-12 2012-13 Target Date
Major producers:
Rio Tinto 174 221 219 230 235 360 2015
BHP Billiton 126 133 146 173 189 240 2016
FMG 28 40 40 56 78 155 2014
Atlas 0 1 5 6 7 14 2016
CITIC Pacific 8 2014
Hancock Prospecting 55 2015
Major ports:
Port Hedland 151 169 177 222 263 465 2017
Dampier 117 141 128 138 140 173 2015
Cape Lambert 57 79 74 75 78 187 2015
Source: Company production, development and annual reports; and ABS 5368.0 International Trade in Goods and Services.

Regions
Regional minerals and petroleum sales ($ million)
Region 2011 2012 Main commodities (2012)
Pilbara1 86,160 75,114 Iron ore (65%), LNG (15%), crude oil (15%)
Goldfields-Esperance 8,669 9,380 Gold (64%), nickel (32%)
Peel 5,391 5,023 Alumina (73%)
Wheatbelt 2,421 2,664 Iron ore (50%)
Mid West 2,537 2,628 Gold (35%), copper/lead/zinc (21%), iron ore (20%)
Kimberley 1,159 1,217 Iron ore (50%), gold/silver/diamonds (34%)
South West 546 621 Coal (51%), heavy mineral sands (49%)
Gascoyne 118 162 Salt & gems (99.6%)
Perth 40 39 Construction materials, silica & limestone sand (100%)
Great Southern 7 6 Spongolite, silica & limestone sand (100%)
1
Includes offshore petroleum.
Source: DMP, Statistics Digest.

Regional labour markets1 and population2

Unemployment Annual growth
Region Employed Unemployed Population
rate % %
Perth 984,695 43,575 4.2 1,788,740 3.5
South West 86,538 5,033 5.5 164,413 2.9
Peel 47,189 3,187 6.3 118,116 4.8
Wheatbelt 45,801 1,622 3.4 74,204 1.4
Goldfields-Esperance 36,619 1,380 3.6 61,005 2.7
Great Southern 32,735 1,915 5.5 58,058 1.4
Mid West 31,186 1,436 4.4 56,437 2.0
Pilbara 28,257 1,068 3.6 63,950 3.5
Kimberley 17,688 1,603 8.3 37,957 3.2
Gascoyne 6,054 324 5.1 9,826 1.6
1
June quarter 2013
2
2011-12
Source: Department of Education, Employment and Workplace Relations, Small Area Labour Markets; and ABS 3218.0 Regional Population Growth.

Western Australia Economic Profile – Sep. 2013 Page 10 of 10 Release Classification - Public