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Canberrans can buy more than most

By Kerces - 12 September 2005 8

Canberrans had equal highest average gross houshold incomes and the highest average equivalised disposable income in Australia, according to a report released by the Australian Bureau of Statistics today.

The ACT and the Northern Territory both recorded average weekly household incomes of $1400 over the 03-04 financial year, which is $272 higher than the national weekly average.

Our average equivalised disposable income (equivalised meaning adjusted to allow comparison between households of different sizes) was $670 a week, ahead of Darwin at $640 and Sydney at $620. This disposable income was almost $100 higher than the national weekly average.

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8 Responses to
Canberrans can buy more than most
ssanta 2:59 pm 13 Sep 05

Disposable income is what you give to the bank, and they ‘dispose’ of it by charging you more interest at the end of each period.

Maelinar 2:01 pm 13 Sep 05

I also have brought a house here in the last three years, and have forgotten what disposable income is.

bulldog 1:01 pm 13 Sep 05

Disposable income? Anyone who bought a house in the last three years know what this is? What a crock; these figures are misleading.

ssanta 3:08 pm 12 Sep 05

It takes me a wee bit over forty minutes to get to and from work, mr bonfire. the afternoon pitstop st the pot removed from equation naturally.

el 2:44 pm 12 Sep 05

We need the higher income to pay the outrageous rent.

bonfire 2:00 pm 12 Sep 05

i think one reason we have more disposable income as we spend far less on commuting. that includes low parking costs as well. even though petrol is 1.40 a litre, who spends more than 30 mins a day behind the wheel on their way to and from work ?

Absent Diane 1:24 pm 12 Sep 05

probably explains why when living in canberra I can afford a shiney new bass guitar but when living in melbourne I couldn’t even afford new strings!!

ssanta 12:45 pm 12 Sep 05

Just in time for the oil price rise.

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