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1338.1 - New South Wales in Focus, 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/05/2007   
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Image: Household Economic Resources
HOUSEHOLD ECONOMIC RESOURCES

Includes: income and household characteristics, household expenditure, financial assets and liabilities, distribution of wealth, and main source of income at retirement. Detailed statistics are available in 1338.1 NSW in Focus - Household Economic Resources - 2007 (15 Kb, xls).

Household Economic resources(a), NSW Summary table

2000
2001
2002
2003
2004
2005
2006

Income

1. Gross weekly household income-mean $
984
1 029
na
1 107
1 212
na
nya
2. Equivalised disposable weekly household income-mean $
444
482
na
523
571
na
nya

Income distribution

Share of total equivalised disposable household income
3. Low income earners %
10.0
10.1
na
10.3
10.4
na
nya
4. Middle income earners %
17.3
17.5
na
17.5
17.9
na
nya
5. High income earners %
39.2
39.6
na
38.7
38.2
na
nya
6. Gini coefficient no.
0.324
0.325
na
0.315
0.307
na
nya

Income growth

7. Average weekly earnings-total earnings (trend)(b) $
677
707
723
771
799
843
866
8. Wage Price Index-percentage change(c) %
3.1
3.7
3.2
3.5
3.8
3.6
4.1
9. Consumer Price Index-Sydney-percentage change %
2.4
6.2
3.0
2.8
r2.2
2.5
3.0

Expenditure

10. Real household expenditure on goods and services-annual per capita(d) '000
24.1
24.6
24.8
25.3
26.1
26.7
27.0
11. Interest on household debt as proportion of gross disposable income(e) %
5.8
5.8
5.3
r6.7
8.1
r9.1
10.1

Wealth

Household net worth
12. Mean $'000
na
na
na
na
563.2
na
nya
13. Median $'000
na
na
na
na
359.6
na
nya
14. Lowest net worth quintile $'000
na
na
na
na
23.1
na
nya
15. Highest net worth quintile $'000
na
na
na
na
1 649.2
na
nya
Share of household net worth
16. Lowest net worth quintile %
na
na
na
na
0.8
na
nya
17. Middle net worth quintile %
na
na
na
na
12.9
na
nya
18. Highest net worth quintile %
na
na
na
na
58.6
na
nya

na not available
nya not yet available
r revised
(a) Data are for 12 months to 30 June, unless specified otherwise.
(b) Data are for May quarter.
(c) Total hourly rates of pay excluding bonuses.
(d) Reference year for chain volume measure is 2004-05.
(e) Income payable for interest on dwellings and consumer debt as a proportion of gross disposable income.

Distribution of Equivalised Disposable Household Income - 2003-04
Graph: Distribution of Equivalised Disposable Household Income—2003–04


Distribution of Household Net Worth - 2003-04
Graph: Distribution of Household Net Worth—2003–04


Interest on household debt as a proportion of gross disposable income
Graph: Interest on household debt as a proportion of gross disposable income


SOURCES:

Data in this table are compiled from multiple sources. Information on these sources is available below.
Summary table indicators
Graphs

ABS data available on request, ABS Household Income and Expenditure Survey
3-6
6.2-6.3
Australian National Accounts, State Accounts (ABS cat. no. 5220.0)
2; 10-11
6.4
Average Weekly Earnings, Australia (ABS cat. no. 6302.0)
7
. .
Consumer Price Index, Australia (ABS cat. no. 6401.0)
9
. .
Household Expenditure Survey, Australia (ABS cat. no. 6530.0)
. .
. .
Household Income and Income Distribution, Australia, Detailed Tables (ABS cat. no. 6523.0.55.001)
1
. .
Household Wealth and Wealth Distribution, Australia (ABS cat. no. 6554.0)
12-18
. .
Labour Price Index, Australia (ABS cat. no. 6345.0)
8
. .
Retirement and Retirement Intentions, Australia (ABS cat. no. 6238.0)
. .
. .

. . not applicable

For links to the ABS publications cited above, see Related Information.

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