An extract on #dogaltas
In May 2012, the unemployment rate in Canberra was 3.4% which was lower than the national unemployment rate of 5.1%. As a result of low unemployment and substantial levels of public sector and commercial employment, Canberra has the highest average level of disposable income of any Australian capital city. The gross average weekly wage in Canberra is $1702 compared with the national average of $1485.80 (May 2013).
The median house price in Canberra as of September 2009 was $511,820, lower than only Sydney among capital cities of more than 100,000 people, having surpassed Melbourne and Perth since 2005. The median weekly rent paid by Canberra residents is higher than rents in all other states and territories. As at January 2014 the median unit rent in Canberra was $410 per week and median housing rent was $460, making the city the third most expensive in the country. Factors contributing to this higher weekly rental market include; higher average weekly incomes, restricted land supply, and inflationary clauses in the ACT Residential Tenancies Act.
The city's main industry is public administration and safety, which accounted for 29.8% of Gross Territory Product in 201112 and employed 33.9% of Canberra's workforce. The headquarters of many Australian Public Service agencies are located in Canberra, and Canberra is also host to several Australian Defence Force establishments, most notably the Australian Defence Force headquarters and HMAS Harman, which is a naval communications centre that is being converted into a tri-service, multi-user depot.
The former RAAF Fairbairn, adjacent to the Canberra Airport was sold to the operators of the airport, but the base continues to be used for RAAF VIP flights. A growing number of software vendors have based themselves in Canberra, to capitalise on the concentration of government customers; these include Tower Software and RuleBurst. A consortium of private and government investors is currently making plans for a billion-dollar data hub, with the aim of making Canberra a leading centre of such activity in the Asia-Pacific region.
Canberra has two large public hospitals, the approximately 600-bed Canberra Hospitalformerly the Woden Valley Hospitalin Garran and the 174-bed Calvary Public Hospital in Bruce. Both are teaching institutions. The largest private hospital is the Calvary John James Hospital in Deakin. Calvary Private Hospital in Bruce and Healthscope's National Capital Private Hospital in Garran are also major healthcare providers.
The Royal Canberra Hospital was located on Acton Peninsula on Lake Burley Griffin; it was closed in 1991 and was demolished in 1997 in a controversial and fatal implosion to facilitate construction of the National Museum of Australia. The city has 10 aged care facilities. Canberra's hospitals receive emergency cases from throughout southern New South Wales, and ACT Ambulance Service is one of four operational agencies of the ACT Emergency Services Authority. NETS provides a dedicated ambulance service for inter-hospital transport of sick newborns within the ACT and into surrounding New South Wales.