Murweh ShireEconomic profile
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Murweh Shire

Sources of income

Households in the Murweh 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
Murweh Shire2015/162010/11Change
Name$Queensland $$Queensland $2010/11 to 2015/16
Wages & salaries55,087.7777,215.5661,220.9878,034.78-6,133
Property income10,655.1317,312.9311,681.2218,698.33-1,026
Business income38,903.3711,942.7043,632.7616,273.29-4,729
Superannuation6,022.0910,283.366,163.299,795.74-141
Cash benefits21,026.6917,054.5416,959.6916,718.16+4,067
Total income before tax131,695.04133,809.10139,657.94139,520.30-7,963
Tax paid-21,720.10-20,503.44-16,774.56-17,440.54-4,946
Interest paid-5,648.36-8,331.15-8,623.19-12,072.83+2,975
Other payments/statistical discrepancy18,524.4414,387.2820,856.7613,805.51-2,332
Total disposable income122,851.03119,461.79135,116.95123,912.44-12,266
Ratio of cash benefits to tax paid0.970.831.010.96--

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 2015-16 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% Murweh Shire, Cash benefits: 16.0% Murweh Shire, Superannuation: 4.6% Murweh Shire, Business income: 29.5% Murweh Shire, Property income: 8.1% Murweh Shire, Wages & salaries: 41.8%
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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