Balonne ShireEconomic profile

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Households in the Balonne Shire have a higher amount of disposable income compared to Queensland.

Household disposable income is a measure of the amount of income available to an average household in the area. It varies depending on the jobs held by the residents, amount of property and business income, and cash benefits provided by government, which are related to the socio-economic status of the area. Areas with high unemployment, large numbers of retirees and others out of the workforce may have a high cash benefits component.

This information gives an insight into both the sources of income and how much your residents have available to spend in the area. This dataset should be viewed in conjunction with Worker productivity, Local workers income data, and Gross Regional Product data on the size of the residential economy.

National Economics (NIEIR) - Modelled series

Sources of income per household
Balonne Shire2014/152009/10Change
Name$Queensland $$Queensland $2009/10 to 2014/15
Wages & salaries57,352.8677,565.1962,345.0773,265.23-4,992
Property income10,211.4217,965.4911,897.7817,086.18-1,686
Ownership of dwellings8,773.9215,284.736,643.8314,286.72+2,130
Business income46,597.839,756.4369,185.3415,721.86-22,588
Superannuation5,411.2510,540.475,940.059,186.08-529
Cash benefits13,899.7617,063.6327,793.2916,014.67-13,894
Total income before tax142,247.05148,175.94183,805.36145,560.74-41,558
Tax paid-20,961.94-20,137.57-20,881.07-16,233.15-81
Interest paid-6,753.71-8,124.94-7,138.22-10,407.10+385
Other payments/statistical discrepancy12,491.93-1,542.6320,652.3788.85-8,160
Total disposable income127,023.33118,470.81176,438.44119,109.34-49,415
Ratio of cash benefits to tax paid0.660.851.330.99--

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Sources of income per household
Sources of income per household Queensland, Cash benefits: 11.5% Queensland, Superannuation: 7.1% Queensland, Business income: 6.6% Queensland, Ownership of dwellings: 10.3% Queensland, Property income: 12.1% Queensland, Wages & salaries: 52.3% Balonne Shire, Cash benefits: 9.8% Balonne Shire, Superannuation: 3.8% Balonne Shire, Business income: 32.8% Balonne Shire, Ownership of dwellings: 6.2% Balonne Shire, Property income: 7.2% Balonne Shire, Wages & salaries: 40.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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