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Employee Income: Median: Western Australia data was reported at 61,638.000 AUD in 2022. This records an increase from the previous number of 59,700.000 AUD for 2021. Employee Income: Median: Western Australia data is updated yearly, averaging 52,322.000 AUD from Jun 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 61,638.000 AUD in 2022 and a record low of 44,014.000 AUD in 2011. Employee Income: Median: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G064: Employee Income.
As of August 2023, the mean weekly earnings of full-time employees in the Australian Capital Territory were 2040.9 Australian dollars. Full-time employees in the Australian Capital Territory had the highest mean weekly earnings in the country, with the second-highest earnings coming from Western Australia, with 2020.9 Australian dollars.
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Employee Income: Western Australia data was reported at 115,113,082,983.000 AUD in 2022. This records an increase from the previous number of 104,866,022,730.000 AUD for 2021. Employee Income: Western Australia data is updated yearly, averaging 89,714,341,497.500 AUD from Jun 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 115,113,082,983.000 AUD in 2022 and a record low of 62,825,227,980.000 AUD in 2011. Employee Income: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G064: Employee Income.
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Real Gross Domestic Income per Capita: 2014-15p: Western Australia data was reported at 91,092.000 AUD in 2016. This records a decrease from the previous number of 97,312.000 AUD for 2015. Real Gross Domestic Income per Capita: 2014-15p: Western Australia data is updated yearly, averaging 61,749.000 AUD from Jun 1992 (Median) to 2016, with 25 observations. The data reached an all-time high of 109,431.000 AUD in 2012 and a record low of 39,551.000 AUD in 1992. Real Gross Domestic Income per Capita: 2014-15p: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A168: SNA08: Gross Domestic Income and Gross Domestic Income per Capita: by State.
As of August 2023, the state of Queensland had the highest mean weekly earnings of part-time employees in Australia, with 795.9 Australian dollars per week. The second-highest mean earnings came from Western Australia, with weekly earnings of 783.4 Australian dollars.
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Real Gross Domestic Income: 2022-23p: Western Australia data was reported at 442,733.000 AUD mn in 2024. This records a decrease from the previous number of 446,066.000 AUD mn for 2023. Real Gross Domestic Income: 2022-23p: Western Australia data is updated yearly, averaging 221,649.000 AUD mn from Jun 1992 (Median) to 2024, with 33 observations. The data reached an all-time high of 446,066.000 AUD mn in 2023 and a record low of 79,269.000 AUD mn in 1992. Real Gross Domestic Income: 2022-23p: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A168: SNA08: Gross Domestic Income and Gross Domestic Income per Capita: by State.
Between March 2022 and March 2023, wages in both Western Australia and Tasmania grew by an average of 4.1 percent. Average wage growth across all states and territories measured around 3.6 percent during the time period. The Northern Territory experienced the lowest average wage growth during the period, with 2.9 percent.
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This dataset presents the Rental Affordability Index (RAI) for 3 bedroom dwellings. The data uses different income values for each region within the Greater Capital Cities, and spans the quarters Q1 2011 to Q2 2021. The RAI covers all states with available data, the Northern Territory and Western Australia does not form part of this dataset.
National Shelter, Bendigo Bank, The Brotherhood of St Laurence, and SGS Economics and Planning have released the RentalAffordability Index (RAI) on a biannual basis since 2015. Since 2019, the RAI has been released annually.
It is generally accepted that if housing costs exceed 30% of a low-income household's gross income, the household is experiencing housing stress (30/40 rule). That is, housing is unaffordable and housing costs consume a disproportionately high amount of household income. The RAI uses the 30 per cent of income rule. Rental affordability is calculated using the following equation, where 'qualifying income' refers to the household income required to pay rent where rent is equal to 30% of income:
RAI = (Median income ∕ Qualifying Income) x 100
In the RAI, households who are paying 30% of income on rent have a score of 100, indicating that these households are at the critical threshold for housing stress. A score of 100 or less indicates that households would pay more than 30% of income to access a rental dwelling, meaning they are at risk of experiencing housing stress.
For more information on the Rental Affordability Index please refer to SGS Economics and Planning.
The RAI is a price index for housing rental markets. It is a clear and concise indicator of rental affordability relative to household incomes, applied to geographic areas across Australia.
AURIN has spatially enabled the original data using geometries provided by SGS Economics and Planning. Values of 'NA' in the original data have been set to NULL.
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Overview
Since 2007 ABARES has conducted an annual survey of vegetable growing farm businesses. These surveys provide comprehensive information on the physical and financial characteristics of vegetable growing farms in each state. This report contains results from the latest survey of vegetable farms conducted between March and June 2014, covering 2012-13 and 2013-14.
Key Issues
• In 2013-14, average farm cash income is estimated to have declined to $156 000, 4 per cent lower than in 2012-13. Generally average to above average seasonal conditions helped growers to maintain the high yields of 2012-13. Overall vegetable production was also higher because the average area planted to vegetable crops increased. However, the resulting increase in vegetable cash receipts was partially offset by lower vegetable prices.
• Estimated farm cash income in 2013-14 was mixed between the states, increasing in New South Wales, Victoria and Western Australia, but declining elsewhere. Average farm cash income is estimated to have increased most in Victoria, where vegetable production and prices increased for the main vegetable commodities grown. Farm cash income is estimated to have decreased most in Queensland, where lower vegetable prices offset higher production and expenditure on hired labour increased in line with an increase in the average area of vegetables planted and harvested.
• In 2012-13, the most recent year for which data is available, vegetable farm business debt (in nominal terms) was $535 000 on average. Between 2005-06 and 2012-13 estimated average farm debt has increased, as did the average value of total capital as a result of higher land values, particularly for vegetable growing farms close to large metropolitan areas. Working capital debt increased the most between 2007-08 and 2012-13, overtaking debt attributable to land purchases. After initially increasing, the ratio of total interest paid to total cash receipts has stabilised at about 5 per cent, and the equity ratio has remained around 80 per cent over the eight years to 2012-13.
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This report contains ABARES' latest outlook to 2019-20 for Australia's major agricultural commodities. In addition, this publication includes articles titled Farm performance: broadacre and dairy farms, 2012-13 to 2014-15, Productivity in the broadacre and dairy industries, Profitability and productivity in Australia's beef industry and boxes titled Key agricultural outcomes of recent free trade agreements and Use and supply of barley in China.
A limited number of printed copies will be available by contacting info.abares@agriculture.gov.au
Key Issues
Commodity outlook
• Export earnings from farm commodities are forecast to be about $40.5 billion in 2015-16 compared with a forecast $40.3 billion in 2014-15.
• Agricultural commodities for which export earnings are forecast to rise in 2015-16 include wheat (up by 12 per cent), sugar (11 per cent), canola (10 per cent), dairy products (8 per cent) and beef and veal (2 per cent). These forecast increases are expected to be largely offset by forecast falls in export earnings for mutton (39 per cent), cotton (35 per cent), barley (11 per cent) and lamb (8 per cent).
• At the end of the outlook period (2019-20), the value of farm exports is projected to be around $41.2 billion (in 2014-15 dollars), 9 per cent higher than the average over the five years to 2013-14.
• The gross value of farm production is forecast to increase by 5.3 per cent to around $54.4 billion in 2015-16, following a forecast decrease of 2.9 per cent to $51.6 billion in 2013-14.
• The gross value of livestock production is forecast to increase by around 5.6 per cent to $25.9 billion in 2015-16, following a forecast increase of 5.9 per cent in 2014-15. The gross value of crop production is forecast to increase by 5.1 per cent to $28.5 billion in 2015-16, after a forecast decrease of 9.6 per cent in 2013-14.
• Export earnings for fisheries products are forecast to increase by 8 per cent to around $1.5 billion in 2015-16, after increasing by a forecast 3 per cent in 2014-15.
• The outlook for agricultural commodities is based on the assumption that world economic activity will increase by 3.3 per cent in 2015, the same growth rate as in 2014. World economic growth is assumed to strengthen to 3.8 per cent in 2016, before easing gradually to 3.5 per cent towards 2020.
• In Australia, economic activity is assumed to grow by 2.5 per cent in 2014-15, strengthening to 3.5 per cent by 2016-17. Toward 2019-20, economic growth is assumed to average around 3.2 per cent a year.
• The Australian dollar is assumed to average around US76c in 2015-16, compared with an assumed average of US83c in 2014-15. It is assumed to average around US76c from 2015-16 to 2019-20.
Farm financial performance
• Using data from the most recent Australian Agricultural and Grazing Industries Survey (AAGIS), ABARES has made projections of average farm cash income for Australian broadacre farms in 2014-15. It is projected that average farm cash income will decline in Victoria, Western Australia, South Australia and New South Wales but increase in Queensland, the Northern Territory and Tasmania.
• For Australia as a whole, the average farm cash income of Australian broadacre farms in 2014-15 is projected to be around $114 000 a farm, a fall of 9 per cent from an estimated $124 600 a farm in 2013-14.
• It is projected that average farm cash income of dairy farms will decline from an average of $163 900 a farm in 2012-13 to an average of $97 000 a farm in 2014-15, reflecting lower farmgate milk prices.
• Broadacre farm debt is estimated to have remained largely unchanged in 2013-14, averaging around $512 500 a farm at 30 June 2014.
Productivity in Australia's broadacre and dairy industries
• Productivity in the broadacre industries grew by 1.1 per cent a year on average between 1977-78 and 2012-13.
• This broadacre productivity growth reflects a decline in the use of inputs (-1.0 per cent a year) while achieving modest output growth (0.1 per cent a year).
• Dairy industry productivity grew at an annual average rate of 1.7 per cent between 1978-79 and 2012-13. This reflects strong output growth (1.3 per cent a year) and a small reduction in the use of inputs (-0.4 per cent a year).
Profitability and productivity in Australia's beef industry
• Average profitability in the beef industry has been low for many years. At the farm level, technological progress appears to be relatively slow. There is a large proportion of small, generally unprofitable farms that significantly reduce the average profitability per farm for the whole industry.
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ABARES Australian Agricultural and Grazing Industries Survey (AAGIS) projects an overall decline in average incomes of Australian broadacre farms in 2014-15. Reductions in grain production are …Show full descriptionABARES Australian Agricultural and Grazing Industries Survey (AAGIS) projects an overall decline in average incomes of Australian broadacre farms in 2014-15. Reductions in grain production are projected to result in a decline in income for Victorian, Western Australian and South Australian farms. In New South Wales, taken as a whole, farm cash income is projected to decline only slightly compared with that recorded in 2013-14. In contrast, an increase is projected for income in Queensland and the Northern Territory, mainly as a result of higher beef cattle prices. In Tasmania higher beef cattle, sheep and lamb prices are projected to result in increases in farm incomes. Financial pressure increased on farm businesses in several industries and regions during 2012-13 as a result of the combination of low beef cattle and milk prices, dry seasonal conditions, high farm debt and the erosion of farm equity through reductions in land values. Those most affected included the beef industry in northern Australia, grain producers in the Western Australian wheat belt and dairy farmers in western Victoria. Higher farm incomes in 2013-14 reduced some pressure, particularly in Western Australia and the southern dairy industry. Pressure was also reduced more broadly by reduction in broadacre farm debt and a decline in interest rates. However, financial pressure continued in regions highly reliant on beef cattle production and in the northern New South Wales and Queensland regions subject to prolonged drought conditions. In 2014-15 incomes are projected to increase for beef industry farms in all states as a result of higher cattle prices. The increase in income will reduce financial pressure in some regions but may have only a small effect in regions constrained by the reduced availability of saleable cattle after two years of high turn-off. Financial pressure is likely to continue in 2014-15 as herds and flocks are rebuilt. Further, incomes are projected to remain low for cropping farms that were subject to dry conditions well into 2014-15.
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GDP: Western Australia data was reported at 455,707.000 AUD mn in 2024. This records an increase from the previous number of 446,066.000 AUD mn for 2023. GDP: Western Australia data is updated yearly, averaging 143,237.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 455,707.000 AUD mn in 2024 and a record low of 39,451.000 AUD mn in 1990. GDP: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.
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The report Australian Farm Survey Results, 2013-14 to 2015-16 reproduces three papers previously published in the March quarter 2016 edition of Agricultural Commodities: Farm performance: broadacre and dairy farms; Productivity in Australian broadacre and dairy industries; and Disaggregating farm performance statistics by size. The re-packaged papers provide an easy to access publication with ABARES farm surveys results in one location. \r \r The analysis in the report is mainly based on data collected in 2015-16 from the Agricultural and Grazing Industries Survey (AAGIS) and the Australian Dairy Industry Survey (ADIS). These surveys are funded by the Department of Agriculture and Water Resources, the Grains Research and Development Corporation (GRDC) and Meat and Livestock Australia (MLA). \r \r Key issues \r Farm financial performance • In 2015-16, ABARES estimates that average farm cash income will increase in New South Wales, Queensland, South Australia, Western Australia and the Northern Territory. Dry seasonal conditions in Victoria and Tasmania have reduced crop and livestock production resulting in a reduction in projected farm cash incomes. \r • For Australia as a whole, farm cash income of broadacre farms is projected to average $179 000 a farm in 2015-16 - the highest recorded in the past 20 years. \r • The expected increase in farm cash incomes in 2015-16 has been driven by high livestock prices - especially for beef cattle - and good winter grain production in most regions. \r • It is projected that average farm cash income of dairy farms will decline by 26 per cent to an average of $113 000 a farm in 2015-16, reflecting lower farmgate milk prices, reduced production and higher fodder costs. \r Productivity in Broadacre and dairy industries • Productivity in the broadacre industries grew by 1.1 per cent a year on average between 1977-78 and 2013-14. Broadacre productivity growth was driven largely by declining input use while maintaining modest output growth. \r • While dairy industry productivity grew by 1.6 per cent a year on average between 1978-79 and 2013-14. This reflects strong output growth (1.3 per cent a year) and some reduction in input use (-0.2 per cent a year). \r Disaggregating farm performance statistics by size • The economic performance of farms in 10 size categories is presented. For each size category, the following measures are presented: share of total output produced, total cash receipts, total cash costs, profit at full equity, total opening capital, net capital additions, rate of return, including capital appreciation and equity ratio. \r • The largest 10 per cent of farms produced 48 per cent of all broadacre farm output, while the smallest 50 per cent of farms produced 11 per cent of total broadacre output. \r
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Overview \r Since 2007 ABARES has conducted an annual survey of vegetable-growing farm businesses to provide industry and government with information about farm-level production and the financial situation of vegetable growers. This web-report present estimates of farm financial performance, farm debt, equity, capital, investment and physical characteristics for the vegetable-growing industry from 2006-07 to 2017-18. \r \r Key Issues \r • In 2017-18 average farm cash income of Australian vegetable-growing farms is estimated to have increased by 12 per cent to $319,000 per farm, the highest in real terms* since ABARES began surveying vegetable-growing farms in 2007. Average farm cash income is estimated to have increased in all states except Queensland and Western Australia. \r • The average rate of return (excluding capital appreciation) of Australian vegetable-growing farms is estimated to have increased to 5.9 per cent in 2017-18, following an average return of 4.9 per cent in 2016-17. \r • Average debt of Australian vegetable-growing farms decreased by 20 per cent to around $438,000 per farm in 2016-17, mainly because of reduced working capital debt. With reductions in average farm debt the proportion of farm receipts needed to fund interest payments remains low at around 2 per cent. Around one-quarter of vegetable-growing farms held no debt in 2016-17. \r • The total value of capital for all Australian vegetable-growing farms decreased by 15 per cent in real terms from 2006-07 to 2016-17 because of a reduction in the number of vegetable-growing farms. From 2006-07 to 2016-17 the total number of Australian vegetable-growing farms fell by 31 per cent. Most of the decline was largely a result of a decline in the number of small vegetable-growing farms planting less than 20 ha. \r • Australian vegetable growers made an average of $280 million in new capital investment each year from 2006-07 to 2015-16, in real terms. In 2016-17 vegetable growers made a total of $319 million in new investment, with around half of vegetable-growing farms made capital additions. \r * Note: real dollar values are adjusted to remove the effect of inflation. \r
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Real Gross Domestic Income: 2018-19p: Western Australia data was reported at 311,406.000 AUD mn in 2020. This records an increase from the previous number of 288,225.000 AUD mn for 2019. Real Gross Domestic Income: 2018-19p: Western Australia data is updated yearly, averaging 152,551.000 AUD mn from Jun 1992 (Median) to 2020, with 29 observations. The data reached an all-time high of 311,406.000 AUD mn in 2020 and a record low of 66,948.000 AUD mn in 1992. Real Gross Domestic Income: 2018-19p: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A168: SNA08: Gross Domestic Income and Gross Domestic Income per Capita: by State.
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Overview This report presents detailed financial performance estimates for grain producing farms for 2013-14 to 2015-16, with an emphasis on 2014-15 results. Grain producing farms are defined as …Show full descriptionOverview This report presents detailed financial performance estimates for grain producing farms for 2013-14 to 2015-16, with an emphasis on 2014-15 results. Grain producing farms are defined as those Australian broadacre farm businesses that grew at least 40 hectares of grain, oilseed or pulse crops. The report draws on data from the ABARES annual Australian Agricultural and Grazing Industries Survey (AAGIS). This survey has been conducted by ABARES and its predecessors since 1977-78 and provides government and industry stakeholders with important data for analysing and monitoring changes in Australia's broadacre industries. The AAGIS is funded by The Grains Research and Development Corporation (GRDC), Meat & Livestock Australia (MLA) and the Department of Agriculture and Water Resources. This report was commissioned and funded by the GRDC. Key Issues • Farm cash income for grain producing farms is estimated to have increased by 7 per cent in 2014-15 to an average of $229 000 a farm as higher total cash receipts more than offset a small rise in total cash costs. The average rate of return was 2.8 per cent. In 2015-16 average farm cash income is estimated to have increased further to around $258 000 and the average rate of return to have increased to around 3.5 per cent. • Specialist grain farms (grain farms that obtained more than 50 per cent of their total receipts from crops sales) recorded an average farm cash income of $304 000 in 2014-15; for non-specialist farms it was about $124 000. On average, from 2000-01 to 2015-16, specialist farms recorded farm cash incomes around $125 000 higher than non-specialist farms. • The Western region recorded higher average farm incomes and rates of return than the Northern and Southern regions in 2014-15. The Western region is estimated to have again been the best performing region in 2015-16. • The cropping industry recorded the second highest total factor productivity growth - at 1.8 per cent - of all broadacre industries between 2000-01 and 2013-14. Key drivers of cropping industry productivity include new plant varieties, better water management and improvements in cropping equipment technology.
In 2024, one square meter of greenfield land cost an average of 1,617 Australian dollars in Sydney, marking an increase of over 100 Australian dollars from the previous year. Sydney has one of the highest land price rates for greenfield development in Australia.
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Overview Since 2007 ABARES has conducted an annual survey of vegetable-growing farm businesses to provide industry and government with information about farm-level production and the financial …Show full descriptionOverview Since 2007 ABARES has conducted an annual survey of vegetable-growing farm businesses to provide industry and government with information about farm-level production and the financial situation of vegetable growers. This web-report present estimates of farm financial performance, farm debt, equity, capital, investment and physical characteristics for the vegetable-growing industry from 2006-07 to 2017-18. Key Issues • In 2017-18 average farm cash income of Australian vegetable-growing farms is estimated to have increased by 12 per cent to $319,000 per farm, the highest in real terms* since ABARES began surveying vegetable-growing farms in 2007. Average farm cash income is estimated to have increased in all states except Queensland and Western Australia. • The average rate of return (excluding capital appreciation) of Australian vegetable-growing farms is estimated to have increased to 5.9 per cent in 2017-18, following an average return of 4.9 per cent in 2016-17. • Average debt of Australian vegetable-growing farms decreased by 20 per cent to around $438,000 per farm in 2016-17, mainly because of reduced working capital debt. With reductions in average farm debt the proportion of farm receipts needed to fund interest payments remains low at around 2 per cent. Around one-quarter of vegetable-growing farms held no debt in 2016-17. • The total value of capital for all Australian vegetable-growing farms decreased by 15 per cent in real terms from 2006-07 to 2016-17 because of a reduction in the number of vegetable-growing farms. From 2006-07 to 2016-17 the total number of Australian vegetable-growing farms fell by 31 per cent. Most of the decline was largely a result of a decline in the number of small vegetable-growing farms planting less than 20 ha. • Australian vegetable growers made an average of $280 million in new capital investment each year from 2006-07 to 2015-16, in real terms. In 2016-17 vegetable growers made a total of $319 million in new investment, with around half of vegetable-growing farms made capital additions. Note: real dollar values are adjusted to remove the effect of inflation.
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Overview This report presents the detailed financial performance of dairy farms from 2013-14 to 2015-16. It includes analysis of changes in farm performance, investment and debt by farm size to …Show full descriptionOverview This report presents the detailed financial performance of dairy farms from 2013-14 to 2015-16. It includes analysis of changes in farm performance, investment and debt by farm size to highlight variations in performance across the dairy industry. The analysis in the report is mainly based on data collected in 2015-16 from the Australian Dairy Industry Survey (ADIS) conducted between July and November 2015 and funded by the Department of Agriculture and Water Resources. Key Issues • At the national level, average farm cash income of dairy farms declined from around $156 000 in 2014-15 to an estimated $101 000 in 2015-16 as a result of lower farmgate milk prices and a slight reduction in milk production per farm. • The average farm gate milk price is estimated to fall in 2015-16 to around 43 cents a litre, following a step-down in milk payments to dairy farmers by major processors, particularly in Victoria, Tasmania, South Australia and southern New South Wales. • In 2015-16 average farm incomes are estimated to have declined in all dairy regions except Western Australia. • In 2015-16 an estimated 73 per cent of dairy farms received a milk price that covered at least the cash costs of production. • An average 28 per cent of dairy farms received a price for milk that covered all costs of production (including all cash costs, finance costs, depreciation and unpaid labour) in 2015-16, while 21 per cent of farms received a price that covered cash costs of production, finance costs and depreciation but excluding labour. • Since deregulation of the dairy industry in 2000, the number of dairy farms in Australia has fallen by around 47 per cent. This fall has been concentrated among farms with less than $3 million in total capital value (in 2015-16 dollars). The number of farms with more than $3 million in total capital has increased since 2000. • Average dairy farm debt increased from $346 000 in 1999-2000 to $861 500 in 2014-15 in real terms. Increased borrowing by individual farms for land purchases or new on-farm infrastructure and equipment contributed to the increase in average debt.
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Real Gross Domestic Income per Capita: 2021-22p: Western Australia data was reported at 146,068.000 AUD in 2023. This records a decrease from the previous number of 146,493.000 AUD for 2022. Real Gross Domestic Income per Capita: 2021-22p: Western Australia data is updated yearly, averaging 92,815.000 AUD from Jun 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 148,319.000 AUD in 2021 and a record low of 44,217.000 AUD in 1992. Real Gross Domestic Income per Capita: 2021-22p: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A168: SNA08: Gross Domestic Income and Gross Domestic Income per Capita: by State.
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Employee Income: Median: Western Australia data was reported at 61,638.000 AUD in 2022. This records an increase from the previous number of 59,700.000 AUD for 2021. Employee Income: Median: Western Australia data is updated yearly, averaging 52,322.000 AUD from Jun 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 61,638.000 AUD in 2022 and a record low of 44,014.000 AUD in 2011. Employee Income: Median: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G064: Employee Income.