Northern Tasmania RegionEconomic profile
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Break O'Day Council area

Sources of income

Households in Break O'Day Council area have a lower amount of disposable income compared to Regional TAS.

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
Break O'Day Council area2017/182012/13Change
Name$Regional TAS $$Regional TAS $2012/13 to 2017/18
Wages & salaries25,658.6551,286.3627,943.3951,280.69-2,285
Property income12,217.8812,927.3012,445.6812,866.57-228
Business income19,175.8017,749.6511,356.8012,542.54+7,819
Superannuation7,390.537,891.736,800.477,153.00+590
Cash benefits22,998.8919,415.7223,768.5619,924.12-770
Total income before tax87,441.74109,270.7682,314.90103,766.92+5,127
Tax paid-7,970.89-14,506.32-6,416.61-12,762.07-1,554
Interest paid-4,525.86-4,404.83-5,915.07-5,768.21+1,389
Other payments/statistical discrepancy7,122.0111,473.296,541.7612,198.72+580
Total disposable income82,066.99101,932.9076,524.9897,535.36+5,542
Ratio of cash benefits to tax paid2.891.343.701.56--

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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

Sources of income per household
Sources of income per household Break O'Day Council area, Cash benefits: 26.3% Break O'Day Council area, Superannuation: 8.5% Break O'Day Council area, Business income: 21.9% Break O'Day Council area, Property income: 14.0% Break O'Day Council area, Wages & salaries: 29.3% Regional TAS, Cash benefits: 17.8% Regional TAS, Superannuation: 7.2% Regional TAS, Business income: 16.2% Regional TAS, Property income: 11.8% Regional TAS, Wages & salaries: 46.9%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

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