Investment & Employment

Mining, Oil and Gas

According to the Office of the Chief Economist (December 2016), committed mining, oil and gas and infrastructure projects in WA have a combined project value of $136.7 billion. This represents 70% of the total value of all projects across Australia ($194.8 billion).

Perth is one of the 20 international energy capitals. It is home to 35% of companies listed on the Australian Securities Exchange, which collectively account for the largest proportion of Australian mining companies in Africa, South America and Central Asia.

Tourism

$10.1B

Spent by tourist in Western Australia

109,000

People employed in tourism related industries

$2.3B

Spent by international visitors in the year ending March 2017

Increase of visitors to WA year ending March 2017

As one of the largest and most diverse states in the world, WA offers a wide range of unique holiday experiences. Perth acts as the gateway for WA tourism and the importance of the tourism sector is forecast to continue to grow.

Employment in Western Australia

Although not a large direct employer, agriculture plays an important and growing part of the WA economy. In 2015-16, the state’s Gross Value of Agricultural Production (GVAP) was $8.2 billion, 15% of Australia’s total GVAP. WA prides itself on the outstanding quality of its produce.

WA’s workforce has grown by 4.3% over the last five years to 1.37 million people (ABS May 2017). The highest number of employees worked in health care and social assistance, followed by construction. The mining sector is a major part of the WA economy, however ranks seventh in terms of number of people employed.

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