Balonne ShireEconomic profile
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Balonne Shire

Sources of income

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 Shire2015/162010/11Change
Name$Queensland $$Queensland $2010/11 to 2015/16
Wages & salaries56,738.0677,215.5660,249.0178,034.78-3,511
Property income15,483.1217,312.9313,876.4718,698.33+1,607
Business income164,265.7511,942.70132,065.9516,273.29+32,200
Superannuation9,429.6710,283.367,170.939,795.74+2,259
Cash benefits13,257.1917,054.5417,159.8116,718.16-3,903
Total income before tax259,173.78133,809.10230,522.17139,520.30+28,652
Tax paid-52,306.04-20,503.44-31,080.38-17,440.54-21,226
Interest paid-6,543.74-8,331.15-8,829.27-12,072.83+2,286
Other payments/statistical discrepancy52,205.1114,387.2844,182.4713,805.51+8,023
Total disposable income252,529.11119,461.79234,794.98123,912.44+17,734
Ratio of cash benefits to tax paid0.250.830.550.96--

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 2014-15 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: 12.7% Queensland, Superannuation: 7.7% Queensland, Business income: 8.9% Queensland, Property income: 12.9% Queensland, Wages & salaries: 57.7% Balonne Shire, Cash benefits: 5.1% Balonne Shire, Superannuation: 3.6% Balonne Shire, Business income: 63.4% Balonne Shire, Property income: 6.0% Balonne Shire, Wages & salaries: 21.9%
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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