Bega Valley ShireEconomic profile

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Bega Valley Shire

Sources of income

Households in Bega Valley Shire have a lower amount of disposable income compared to New South Wales.

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
Bega Valley Shire2014/152009/10Change
Name$New South Wales $$New South Wales $2009/10 to 2014/15
Wages & salaries44,220.6883,210.7947,354.3078,510.03-3,134
Property income15,773.5420,098.0314,749.6318,766.45+1,024
Ownership of dwellings12,395.1418,142.7412,290.8516,041.53+104
Business income14,769.9319,491.2611,589.0614,764.58+3,181
Superannuation9,195.6911,791.308,936.3710,089.42+259
Cash benefits28,585.7017,089.6017,651.6514,816.38+10,934
Total income before tax124,940.69169,823.72112,571.86152,988.39+12,369
Tax paid-9,916.79-22,936.42-10,131.41-19,256.71+215
Interest paid-5,328.76-8,819.04-7,199.66-10,991.02+1,871
Other payments/statistical discrepancy-3,600.28-1,818.90-2,784.8798.94-815
Total disposable income106,094.85136,349.3892,455.92122,939.60+13,639
Ratio of cash benefits to tax paid2.880.751.740.77--

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 New South Wales, Cash benefits: 10.1% New South Wales, Superannuation: 6.9% New South Wales, Business income: 11.5% New South Wales, Ownership of dwellings: 10.7% New South Wales, Property income: 11.8% New South Wales, Wages & salaries: 49.0% Bega Valley Shire, Cash benefits: 22.9% Bega Valley Shire, Superannuation: 7.4% Bega Valley Shire, Business income: 11.8% Bega Valley Shire, Ownership of dwellings: 9.9% Bega Valley Shire, Property income: 12.6% Bega Valley Shire, Wages & salaries: 35.4%
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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