Industry Report - Health and community services
Sensis® Business IndexHealth and community services
The health and community services sector recorded a five percentage point increase in SME confidence in the November 2012 Sensis® Business Index, with confidence sitting at 57%. Confidence amongst SMEs in the health and community services sector remained well above the national average of 19% and was the highest of any industry sector. SMEs in the sector cited that providing a necessary product or service and being established and experienced in their business operations were key reasons for their confidence this quarter.
Industry gross value addedHealth care and social assistance
Industry gross value added in the health care and social assistance sector grew 1.8% seasonally adjusted in the September 2012 quarter, down slightly from 2.0% growth in the June quarter. By comparison, Australia’s gross value added rose by 0.3% for the September quarter, with Australia’s GDP rising by 0.5% overall for the quarter, seasonally adjusted.
CPIHealth related items
Overall, the price of health related items fell 0.9% in the December 2012 quarter, following an increase of 2.4% in the September quarter. This compared to an increase of 0.2% in the Consumer Price Index for the December quarter overall. The overall fall is a typical seasonal pattern for price increases in the health sector, however it is the smallest December quarter fall since 2009, and follows the atypical increase recorded in the September quarter which was influenced by changes to private health insurance rebates.
Sensis does not warrant the accuracy of data supplied by third parties. 1. Sensis® Business Index Sweeney Research, November 2012. 2. Australian Bureau of Statistics Catalogue 5206.0, September 2012. 3. Australian Bureau of Statistics Catalogue 8501.0, November 2012. ® & ™ Registered trade mark and trade mark of Telstra Corporation Limited (ABN 33 051 775 556). Sensis Pty Ltd (ABN 30 007 423 912) has responsibility for production of Yellow Pages® and White Pages® directories and related products on behalf of Telstra Corporation Limited. © Telstra Corporation Limited 2013.