Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013

	MEDIA RELEASE
December 17, 2009	Embargoed: 11.30 am (AEDT)	105/2009

Australians earned more than $500 billion in personal income in 2006-07, according to estimates released today by the Australian Bureau of Statistics (ABS).

Income from wages and salaries accounted for more than three quarters - or $392 billion - of the total.

Income from investments was the second largest income source, representing around one-tenth of personal income ($53 billion).

The third largest income source was from people who own unincorporated businesses, with earnings of $33 billion.

From 2003-04 to 2006-07 investment income grew at an average annual rate of 15.5%, while wages and salary income grew at an average of 7.4%.

Other findings include:

• Wage and salary earners in the areas of Mosman, Woollahra and Hunter's Hill in Sydney had the highest average wage and salary incomes in Australia, at $106,397, $85,225 and $77,798 respectively.
• The top two average own unincorporated business income regions were in the Perth areas of Peppermint Grove ($71,647) and Cottesloe ($69,795).
• Outside of the capital cities, seven of the ten regions with the largest average investment incomes were in Queensland, with the largest in Main Beach-South Stradbroke in Queensland ($25,803).

Top ten average wage and salary incomes				Top ten average investment incomes
1	Mosman (A) (NSW)	$106,397		1	Woollahra (A) (NSW)	$57,810
2	Woollahra (A) (NSW)	$85,225		2	Mosman (A) (NSW)	$42,049
3	Hunters Hill (A) (NSW)	$77,798		3	Peppermint Grove (S) (WA)	$41,010
4	North Sydney (A) (NSW)	$72,939		4	Cottesloe (T) (WA)	$40,144
5	Ku-ring-gai (A) (NSW)	$71,371		5	Mosman Park (T) (WA)	$39,586
6	Leichhardt (A) (NSW)	$68,703		6	Stonnington (C) - Prahran (Vic.)	$38,834
7	Lane Cove (A) (NSW)	$67,777		7	Hunters Hill (A) (NSW)	$33,865
8	Willoughby (C) (NSW)	$67,687		8	Ascot (Qld)	$32,691
9	Manly (A) (NSW)	$66,365		9	Hamilton (Qld)	$32,686
10	Bayside (C) Brighton (Vic.)	$66,283		10	Nedlands (C) (WA)	$32,366

Further detail is available in Estimates of Personal Income for Small Areas, Time Series, 2003-04 to 2006-07 (cat. no. 6524.0.55.002), available for free download from the ABS website <www.abs.gov.au>.