The largest reported occupations are professionals, clerical and administrative workers, managers, technicians and trades workers, and community and personal service workers. The largest industries by employment across Greater Sydney are Health Care and Social Assistance with 11.6%, Professional Services with 9.8%, Retail Trade with 9.3%, Construction with 8.2%, Education and Training with 8.0%, Accommodation and Food Services 6.7%, and Financial and Insurance Services with 6.6%. The Professional Services and Financial and Insurance Services industries account for 25.4% of employment within the City of Sydney. In 2016, 57.6% of working age residents had a total weekly income of less than $1,000 and 14.4% had a total weekly income of $1,750 or more. The median weekly income for the same period was $719 for individuals, $1,988 for families, and $1,750 for household. Unemployment in the City of Sydney averaged 4.6% for the decade to 2013, much lower than the current rate of unemployment in Western Sydney of 7.3%. Western Sydney continues to struggle to create jobs to meet its population growth despite the development of commercial centres like Parramatta. Each day about 200,000 commuters travel from Western Sydney to the CBD and suburbs in the east and north of the city. Home ownership in Sydney was less common than renting prior to the Second World War but this trend has since reversed. Median house prices have increased by an average of 8.6% per annum since 1970. The median house price in Sydney in March 2014 was $630,000. The primary cause for rising prices is the increasing cost of land and scarcity which made up 32% of house prices in 1977 compared to 60% in 2002. 31.6% of dwellings in Sydney are rented, 30.4% are owned outright and 34.8% are owned with a mortgage. 11.8% of mortgagees in 2011 had monthly loan repayments of less than $1,000 and 82.9% had monthly repayments of $1,000 or more. 44.9% of renters for the same period had weekly rent of less than $350 whilst 51.7% had weekly rent of $350 or more. The median weekly rent in Sydney is $450. Financial services Macquarie gave a charter in 1817 to form the first bank in Australia, the Bank of New South Wales. New private banks opened throughout the 1800s but the financial system was unstable. Bank collapses were a frequent occurrence and a crisis point was reached in 1893 when 12 banks failed. The Bank of New