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 area2017/182012/13Change
Name$NSW $$NSW $2012/13 to 2017/18
Wages & salaries111,549.9587,811.44113,397.3084,975.40-1,847
Property income18,624.2819,995.3919,079.4620,408.69-455
Business income22,463.4820,693.1512,007.4617,233.74+10,456
Cash benefits11,040.5015,515.0611,879.3716,972.60-839
Total income before tax176,126.01155,792.72168,003.80150,491.96+8,122
Tax paid-31,102.57-25,477.98-27,414.81-22,222.71-3,688
Interest paid-11,438.68-8,928.65-14,883.90-11,630.49+3,445
Other payments/statistical discrepancy18,279.2017,084.6619,270.7117,251.02-992
Total disposable income151,863.96138,570.74144,975.81133,989.78+6,888
Ratio of cash benefits to tax paid0.350.610.430.76--

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 NSW, Cash benefits: 10.0% NSW, Superannuation: 7.6% NSW, Business income: 13.3% NSW, Property income: 12.8% NSW, Wages & salaries: 56.4% Queanbeyan-Palerang Regional Council area, Cash benefits: 6.3% Queanbeyan-Palerang Regional Council area, Superannuation: 7.1% Queanbeyan-Palerang Regional Council area, Business income: 12.8% Queanbeyan-Palerang Regional Council area, Property income: 10.6% Queanbeyan-Palerang Regional Council area, Wages & salaries: 63.3%
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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