Investor Presentaiton
The Australian economy.
Population 26 million.
Australian population
NT
250k
QLD
WA
5.3m
2.8m
SA
1.8m
NSW
8.2m
ACT
453k
VIC
6.6m
TAS
567k
Australian GDP and employment composition
Output by sector 2021 - 22 (% contribution to GDP)1
9
0
11
19
7
9
0
8
8
■Mining
■Manufacturing
■Construction
Transport, Utilities
■Wholesale, Retail
■Agriculture
Household services
■ Health
Education
Public administration
■Finance
■Business services
Economics
Relative size of States (Share of Australia, %)²
■GSP
32 31 32
NSW
■Population Employment ■ Exports
44
Australian employment by sector, Sep 2022 (%)
A
7
26 26
23
20
20 20
18
18
16
11
8
11 11
677
3
2 2 2 1
Tasmania
Victoria
Queensland
WA
SA
26
16
6
2
15
12
6
12
■Mining
■Manufacturing
■Construction
Transport, Utilities
Wholesale, Retail
■Agriculture
Household services
■Health, Social Assistance
Education
■Public Administration
■Finance
■Business services
Sources: ABS, Westpac Economics
1 Real, financial years. 2 GSP, exports are for 2020-21; Population at March 2022; Employment at September 2022.
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Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
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