Definition
A label set representing sources of monetary or cash income.
Representation
Data Type | String |
---|---|
Format | AAA[A(9)] |
Maximum character length | 12 |
Values
Value | Meaning | Start Date | End Date | |
---|---|---|---|---|
Permissible Values | NIL | Nil income | ||
EMPLOYED | Employee salary / wages | |||
SELFEMPLOYED | Self employed (Unincorporated business income) | |||
GOVERNMENT | Government payments / pensions / allowances | |||
OTHER | Other income including superannuation and investments | |||
Supplementary Values | NOTSTATED | Not stated/Inadequately described |
Comments
Main source of income is classified into standard categories that are adapted from the data collection definitions used by the Australian Institute of Health and Welfare. These are derived in turn from the Australian Bureau of Statistics Standards for Cash Income Statistics, 1997.
Employee salary / wages: 'Employee cash income' is defined as 'gross current usual cash payments from an employer or own limited liability company, including wages or salary, tips, piece rates, penalty rates, loadings, regular bonuses, payment for time not worked (e.g. sick leave, public holidays) and directors' fees'.
Self employed (Unincorporated business income): 'Unincorporated business cash income' is defined as 'the profit or loss that accrues to owners of, or partners in, unincorporated enterprises'.
Government payments / pensions / allowances: 'Government cash pensions and allowances' is defined as 'gross current usual cash receipts from government agencies under income support and related programs, comprising payments to students and the unemployed, Centrelink pensions for the aged and persons with a disability, and other government cash pensions and allowances (including those from overseas governments)'.
Other: 'Other cash income' is defined as 'Cash income derived from sources other than employment, own unincorporated business and Government cash pensions and allowances. The category includes property cash income, superannuation/annuities, transfers from private organisations, transfers from other households, scholarships and all other regular transfer payments'.
References
https://www.abs.gov.au/Ausstats/abs@.nsf/66f306f503e529a5ca25697e0017661f/3b68ad17755e9f33ca256e6200738de8!OpenDocument
Related content
Relation | Count |
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Data Elements implementing this Value Domain | 1 |