Queanbeyan-Palerang Regional CouncilEconomic profile
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Queanbeyan-Palerang Regional Council area

Sources of income

Households in the Queanbeyan-Palerang Regional Council area have a higher amount of disposable income compared to NSW.

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
Queanbeyan-Palerang Regional Council area2015/162010/11Change
Name$NSW $$NSW $2010/11 to 2015/16
Wages & salaries108,431.6385,651.62109,228.2983,369.06-797
Property income18,400.1119,920.9620,849.7921,023.86-2,450
Business income13,803.6921,247.8912,925.7615,857.92+878
Cash benefits12,726.5116,932.0110,879.4015,844.29+1,847
Total income before tax165,265.37155,584.86165,967.05147,109.12-702
Tax paid-27,914.42-24,413.74-25,844.63-20,560.10-2,070
Interest paid-8,869.90-9,135.35-15,247.33-12,904.10+6,377
Other payments/statistical discrepancy17,982.0316,793.5419,355.3915,917.23-1,373
Total disposable income146,463.08138,929.31144,230.48129,662.15+2,233
Ratio of cash benefits to tax paid0.460.690.420.77--

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 2014-15 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 NSW, Cash benefits: 10.9% NSW, Superannuation: 7.6% NSW, Business income: 13.7% NSW, Property income: 12.8% NSW, Wages & salaries: 55.1% Queanbeyan-Palerang Regional Council area, Cash benefits: 7.7% Queanbeyan-Palerang Regional Council area, Superannuation: 7.2% Queanbeyan-Palerang Regional Council area, Business income: 8.4% Queanbeyan-Palerang Regional Council area, Property income: 11.1% Queanbeyan-Palerang Regional Council area, Wages & salaries: 65.6%
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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