South West RED RegionEconomic profile
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South West RED Region

Sources of income

Households in the South West RED Region have a higher amount of disposable income compared to Queensland.

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
South West RED Region2018/192013/14Change
Name$Queensland $$Queensland $2013/14 to 2018/19
Wages & salaries71,580.9980,917.1276,342.8482,352.10-4,762
Property income14,452.7017,209.8615,240.5318,299.36-788
Business income47,630.3014,607.1746,469.3011,255.38+1,161
Superannuation7,649.1510,169.518,294.7310,375.46-646
Cash benefits15,260.8615,860.8616,197.3917,465.64-937
Total income before tax156,574.00138,764.52162,544.79139,747.93-5,971
Tax paid-23,006.21-21,984.74-25,687.96-19,805.01+2,682
Interest paid-5,281.34-7,435.42-7,404.53-9,433.10+2,123
Other payments/statistical discrepancy21,776.1114,185.5520,358.5114,261.81+1,418
Total disposable income150,062.56123,629.91149,810.82124,871.64+252
Ratio of cash benefits to tax paid0.660.720.630.88--

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

Sources of income per household
Sources of income per household Queensland, Cash benefits: 11.4% Queensland, Superannuation: 7.3% Queensland, Business income: 10.5% Queensland, Property income: 12.4% Queensland, Wages & salaries: 58.3% South West RED Region, Cash benefits: 9.7% South West RED Region, Superannuation: 4.9% South West RED Region, Business income: 30.4% South West RED Region, Property income: 9.2% South West RED Region, Wages & salaries: 45.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

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