Campaspe Shire residents earn slightly more, on average, than their Murray Shire counterparts, according to Australian Bureau of Statistics data.TRENT HORNEMAN December 10, 2012 4:06am
An Australian Bureau of Statistics report has shown Campaspe Shire residents are on average slightly better off financially than their Murray Shire neighbours.
The ABS’ estimates of personal income showed the average income for a Campaspe Shire resident was $34,337 a year, with Murray Shire residents earning an average of $34,084 a year.
The study, from data collected in 2009-10 financial year, took into account money earned from employment, business, investment, superannuation and annuities and other income (excluding government pensions).
The ABS said Campaspe Shire had 19,982 earners who generated a total wealth of $686,126,423. The Victorian average income is $47,623, below the national average of $48,530.
Campaspe Shire is a far cry from Toorak, Australia’s highest earning location, with an average income of $132,252. Newtown, a suburb of Geelong, has regional Victoria’s highest average annual income of $56,512.
Murray Shire has 3853 earners, generating $131,325,382 income a year. The NSW average income is $50,328.
Double Bay topped the NSW figures, with an average income of $129,116. Queanbeyan West was the highest earning regional NSW centre with an average income of $64,728.
Moira Shire had 15,020 earners who made a total of $482,968,181 at an average of $32,155.
Gannawarra Shire had 5747 earners, making $164,314,178 at an average $28,951.
Loddon Shire had 3804 earners, making $106,291,759 at an average of $27,942.
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