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LOW, MIDDLE AND HIGH INCOME AND WEALTH HOUSEHOLDS
This low income definition was introduced in SIH 2013–14. This definition better captures households that have low economic resources by excluding those with nil or negative income, or income significantly below government pension rates. Such households often are either experiencing a temporary economic setback or have stores of wealth to support their living costs.
Equivalised disposable household income (EDHI) estimates are adjusted by equivalence factors to standardise them for variations in household size and composition, while taking into account the economies of scale that arise from the sharing of dwellings. When discussing income in this section, we are referring to EDHI.
To compare different wealth levels:
For more information see the Survey of Income and Housing, User Guide, Australia, 2017–18 (available from the 'related information' tab).
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