Services of various types accounted for about $6 billion (23 per cent) of the $25.42 billion in gross value added to the Tasmanian economy in 2014–15. The largest contributors to the services total were Health Care and Social Assistance ($2.24 billion) and Financial and Insurance ($966 million).
About 18 per cent of Tasmanians work as professionals, the largest occupational group. They are followed by Clerical and Administrative workers and Technical and Trade workers (both around 15 per cent).
Service businesses support operators in all sectors of the economy, as well as developing their own exportable skills. Renewable energy generation, water management and environmental management services are growing export items.
The business services and contact-centre industry has been through a period of strong growth. It now employs around 5,300 people and injects more than $150 million a year in wages into the economy. Tasmanian contact-centre workers stay in their jobs longer than those in other parts of Australia.
Facts and figures
- Regularly ranked in the Top 10 of universities receiving Australian Research Council grants, the University of Tasmania is a key exporter of education services.
- The Hobart-based Menzies Research Institute Tasmania has achieved world recognition for its breakthroughs in epidemiology. It works collaboratively with many respected institutions, including the World Health Organisation, Harvard University and Oxford University.
- About 18 per cent of Tasmanians work as professionals, the largest occupational group.