ATO data shows min­ing boom gains

Pilbara News - - News - Tom Zaun­mayr and Sophia Con­sta­nine

Data from the Aus­tralian Tax­a­tion Of­fice has re­vealed the huge in­come gains ex­pe­ri­enced in Pil­bara towns dur­ing the min­ing boom.

From 2003 to 2015 Onslow’s av­er­age in­come jumped more than 225 per cent from $36,201 to $122,384.

Roe­bourne and Point Sam­son’s av­er­age in­come in­creased by close to 100 per cent to $51,862 and $96,167, re­spec­tively.

Dampier and Parabur­doo res­i­dents re­mained some of the most cashed up Pil­bara lo­cals, with av­er­age earn­ings above $100,000 in 2014-15.

Av­er­age in­come in Kar­ratha and Tom Price sat around $91,000. Ex­mouth’s av­er­age in­come al­most dou­bled to just be­low $63,000.

Port Hed­land’s av­er­age dipped just be­low $100,000 af­ter head­ing to­wards $101,000 in 2013-14.

In all, 12,467 in­di­vid­u­als were counted in the City of Kar­ratha as part of the data set in FY2014-15, down from 13,114 in the pre­vi­ous fi­nan­cial year. In Ash­bur­ton 3725 in­di­vid­u­als were counted, down from 3810.

In Ex­mouth, 1715 in­di­vid­u­als were counted in 2014-15, about the same as the pre­vi­ous year.

The data shows the in­come de­tails of more than 2570 post­codes na­tion­wide in an ef­fort to break down the tax fig­ures cov­er­ing the min­ing boom from 2003-04 un­til 2014-15.

The fig­ures re­vealed a record num­ber of com­mu­ni­ties across WA had their av­er­age in­comes at least double — with 12 post­codes in 2014-15 en­joy­ing a six-fig­ure av­er­age tax­able in­come. In 2003-04 not one post­code area had a six-fig­ure av­er­age tax­able in­come.

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