Gunnedah Shire Council

economic profile

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Gunnedah Shire

Sources of income

Households in the Gunnedah Shire have a higher amount of disposable income compared to Australia.

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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Sources of income per household
Gunnedah Shire2018/192007/08Change
Economic measure$Australia$$ Australia$2007/08 to 2018/19
Wages & salaries80,893.2985,723.6357,168.6178,988.19+23,725
Property income18,329.3119,381.6916,863.8820,300.08+1,465
Business income18,906.5616,718.3018,569.5115,273.67+337
Superannuation11,777.4211,452.918,802.0610,380.27+2,975
Cash benefits19,780.5114,886.7228,505.2814,557.84-8,725
Total income before tax149,687.08148,163.25129,909.33139,500.05+19,778
Tax paid-24,959.28-24,819.86-18,137.97-20,889.88-6,821
Interest paid-4,315.13-7,884.13-7,788.45-13,052.44+3,473
Other payments/statistical discrepancy13,553.1315,024.2711,141.6813,481.55+2,411
Total disposable income133,965.79130,583.53115,124.58119,139.28+18,841
Ratio of cash benefits to tax paid0.790.601.570.700

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts.Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Please refer to specific data notes for more information

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Gunnedah Shire Council

economic profile