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Data reveals areas where one percent earn one-fifth of personal income

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About one-fifth of personal income goes into the pockets of one percent of people in some areas, recent ABS data shows.


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By Yang J. Joo, Diane An

Source: SBS



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About one-fifth of personal income goes into the pockets of one percent of people in some areas, recent ABS data shows.


In some parts of Australia, the top one percent received just one-fifth of all personal income in 2012-13, recent data from the Australian Bureau of Statistics (ABS) reveals.

 

The areas in 2012-13 with the most noticeable estimated concentrations of income in the hands of the top one percent were the local government areas of Woollahra (Sydney), Mosman Park (Perth) and Mosman (Sydney).

 

The ABS data also reveals high median personal incomes are often concentrated in centres of financial and political power.

 

The median personal income data shows regional areas of Australia are less likely to have high median personal incomes, apart from the regions where mining was important for local economies.

 

The top one percent of income share is a good indicator to describe one aspect of inequality, Professor Roger Wilkins from the Melbourne Institute told SBS.

 


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