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.

GDP per Capita: Western Australia data was reported at 155,644.000 AUD in 2024. This records a decrease from the previous number of 157,391.000 AUD for 2023. GDP per Capita: Western Australia data is updated yearly, averaging 68,968.000 AUD from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 157,391.000 AUD in 2023 and a record low of 24,715.000 AUD in 1990. GDP per Capita: 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.

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.

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.

Real Gross Domestic Income per Capita: 2022-23p: Western Australia data was reported at 151,212.000 AUD in 2024. This records a decrease from the previous number of 157,391.000 AUD for 2023. Real Gross Domestic Income per Capita: 2022-23p: Western Australia data is updated yearly, averaging 103,817.000 AUD from Jun 1992 (Median) to 2024, with 33 observations. The data reached an all-time high of 160,419.000 AUD in 2021 and a record low of 48,118.000 AUD in 1992. Real Gross Domestic Income per Capita: 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.

The house price-to-income ratio in Australia was ***** as of the fourth quarter of 2024. This ratio, calculated by dividing nominal house prices by nominal disposable income per head, increased from the previous quarter. The price-to-income ratio can be used to measure housing affordability in a specific area. Australia's property bubble There has been considerable debate over the past decade about whether Australia is in a property bubble or not. A property bubble refers to a sharp increase in the price of property that is disproportional to income and rental prices, followed by a decline. In Australia, rising house prices have undoubtedly been an issue for many potential homeowners, pricing them out of the market. Along with the average house price, high mortgage interest rates have exacerbated the issue. Is the homeownership dream out of reach? Housing affordability has varied across the different states and territories in Australia. In 2024, the median value of residential houses was the highest in Sydney compared to other major Australian cities, with Brisbane becoming an increasingly expensive city. Nonetheless, expected interest rate cuts in 2025, alongside the expansion of initiatives to improve Australia's dwelling stock, social housing supply, and first-time buyer accessibility to properties, may start to improve the situation. These encompass initiatives such as the Australian government's Help to Buy scheme and the Housing Australia Future Fund Facility (HAFFF) and National Housing Accord Facility (NHAF) programs.

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.

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.

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.

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.

Average Annualised Wage Increases: Federal Agreement: Processed in the Quarter: Western Australia data was reported at 3.300 % in Dec 2024. This records a decrease from the previous number of 3.700 % for Sep 2024. Average Annualised Wage Increases: Federal Agreement: Processed in the Quarter: Western Australia data is updated quarterly, averaging 3.850 % from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 5.700 % in Jun 2005 and a record low of 1.500 % in Jun 2021. Average Annualised Wage Increases: Federal Agreement: Processed in the Quarter: Western Australia data remains active status in CEIC and is reported by Department of Employment and Workplace Relations. The data is categorized under Global Database’s Australia – Table AU.G107: Average Annualized Wage Increases: Federal Agreement: by State.

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.

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).

Key issues
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. • 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. • 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. • 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. 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. • 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). 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. • 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.

Overview \r 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. \r \r Key Issues \r • 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. \r • 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. \r • 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. \r

The average price of Australian residential property has risen over the past ten years, and in December 2024, it reached 976,800 Australian dollars. Nonetheless, property experts in Australia have indicated that the country has been in a property bubble over the past decade, with some believing the market will collapse sometime in the near future. Property prices started declining in 2022; however, a gradual upward trend was witnessed throughout 2023, with minor fluctuations in 2024. Australian capital city price differences While the national average residential property price has exhibited growth, individual capital cities display diverse trends, highlighting the complexity of Australia’s property market. Sydney maintains its position as the most expensive residential property market across Australia's capital cities, with a median property value of approximately 1.19 million Australian dollars as of April 2025. Brisbane has emerged as an increasingly pricey capital city for residential property, surpassing both Canberra and Melbourne in median housing values. Notably, Perth experienced the most significant annual increase in its average residential property value, with a 10 percent increase from April 2024, despite being a comparably more affordable market. Hobart and Darwin remain the most affordable capital cities for residential properties in the country. Is the homeownership dream out of reach? The rise in property values coincides with the expansion of Australia's housing stock. In the December quarter of 2024, the number of residential dwellings reached around 11.29 million, representing an increase of about 53,200 dwellings from the previous quarter. However, this growth in housing supply does not necessarily translate to increased affordability or accessibility for many Australians. The country’s house prices remain largely disproportional to income, leaving the majority of low- and middle-income earners priced out of the market. Alongside this, elevated mortgage interest rates in recent years have made taking out a loan increasingly unappealing for many potential property owners, and the share of mortgage holders at risk of mortgage repayment stress has continued to climb.

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.

Real Gross Domestic Income per Capita: 2019-20p: Western Australia data was reported at 138,225.000 AUD in 2021. This records an increase from the previous number of 118,108.000 AUD for 2020. Real Gross Domestic Income per Capita: 2019-20p: Western Australia data is updated yearly, averaging 79,349.500 AUD from Jun 1992 (Median) to 2021, with 30 observations. The data reached an all-time high of 138,225.000 AUD in 2021 and a record low of 40,834.000 AUD in 1992. Real Gross Domestic Income per Capita: 2019-20p: 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.

Real Gross Domestic Income per Capita: 2018-19p: Western Australia data was reported at 117,998.000 AUD in 2020. This records an increase from the previous number of 110,607.000 AUD for 2019. Real Gross Domestic Income per Capita: 2018-19p: Western Australia data is updated yearly, averaging 75,151.000 AUD from Jun 1992 (Median) to 2020, with 29 observations. The data reached an all-time high of 117,998.000 AUD in 2020 and a record low of 40,639.000 AUD in 1992. Real Gross Domestic Income per Capita: 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.

Real Gross Domestic Income per Capita: 2015-16p: Western Australia data was reported at 96,701.000 AUD in 2017. This records an increase from the previous number of 93,918.000 AUD for 2016. Real Gross Domestic Income per Capita: 2015-16p: Western Australia data is updated yearly, averaging 63,515.000 AUD from Jun 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 110,180.000 AUD in 2014 and a record low of 39,450.000 AUD in 1992. Real Gross Domestic Income per Capita: 2015-16p: 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.