12 September 2005

Canberrans can buy more than most

| Kerces
Join the conversation
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.

Join the conversation

8
All Comments
  • All Comments
  • Website Comments
LatestOldest

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.

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

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

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.

We need the higher income to pay the outrageous rent.

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 Diane1:24 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!!

Just in time for the oil price rise.

Daily Digest

Want the best Canberra news delivered daily? Every day we package the most popular Riotact stories and send them straight to your inbox. Sign-up now for trusted local news that will never be behind a paywall.

By submitting your email address you are agreeing to Region Group's terms and conditions and privacy policy.