|Metadata item type:||Classification Scheme|
The Australian Bureau of Statistics (ABS) classification for sources from which persons, income units, families and households receive income. 'Sources of income' applies to all persons, income units, families and households reporting a value for 'Total income' in surveys.
The classification is a three level hierarchal classification that groups sources of income at the broad, narrow and detailed levels.
At the broad or top level of the classification for 'Total income', the income components are grouped according to whether they are received from:
At the narrow or second level of the classification, 'Any other source' is classified according to whether income is received from:
At the detailed or third level of the classification, investment income, government pensions and allowances and other current transfers are further broken down into their component groupings.
Collection and usage attributes
|Guide for use:|
An individual may receive income from more than one source. 'Total income' is the sum of the following income components, before income tax and the Medicare levy are taken out:
Source and reference attributes
Australian Institute of Health and Welfare
The Australian Classification for Sources of Income originated from the ABS Standards for income variables, 2010 (ABS cat. no. 1287.0).
ABS 2016. Standards for income variables Jun 2015. ABS cat. no. 1287.0. Canberra: ABS. Viewed 24 October 2017, http://www.abs.gov.au/AUSSTATS/[email protected]/
The ABS income variables underwent a minor review in 2014-15. No major changes were made to the standards as a result of this process.
|Related metadata references:|
Supersedes Australian Classification for Source of Income 2010
|Value Domains based on this classification scheme:|