Port Macquarie-Hastings Council

economic profile

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Port Macquarie-Hastings Council area

Sources of income

Households in Port Macquarie-Hastings Council area 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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Sources of income per household
Port Macquarie-Hastings Council area2020/212015/16Change
Economic measure$New South Wales$$ New South Wales$2015/16 to 2020/21
Wages & salaries51,030.2095,110.0653,633.5190,179.56-2,603
Property income14,734.6519,730.2918,596.7122,541.32-3,862
Business income12,198.9321,504.8711,316.9318,814.95+882
Superannuation9,564.2712,272.5411,767.2213,286.20-2,203
Cash benefits27,083.2618,228.5026,812.9417,218.87+270
Total income before tax114,611.30166,846.27122,127.31162,040.91-7,516
Tax paid-12,599.64-28,308.87-13,414.82-26,462.60+815
Interest paid-4,520.59-6,424.33-6,346.93-9,577.73+1,826
Other payments/statistical discrepancy9,503.6118,076.469,005.2917,589.79+498
Total disposable income106,994.69150,289.53111,370.86143,690.37-4,376
Ratio of cash benefits to tax paid2.150.642.000.650

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions).Data are based on a 2018-19 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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Port Macquarie-Hastings Council

economic profile