DID YOU KNOW?
In 2003-04,
- for persons aged 65 years and over, who lived as a couple only, mean income of $399 per week each was higher than those in same age group who lived as lone persons ($350 per week). The respective mean income per week for total population aged 15 years and over persons living as couple only was $598 per week and $604 per week for lone persons.
- for the population aged 65 years and over, 43% lived as a couple only and 47% as lone persons compared with 26% and 25% respectively for the total population aged 15 years and over.
- 69% of all persons aged 65 years and over have government pensions and allowances as their principal source of income.
- lone persons aged 65 years and over were more likely to have government pensions and allowances as their principal source of income than couples aged 65 years and over (77% compared to 68%).
- 79% of persons aged 65 years and over owned their own home without a mortgage compared with 35% of the total population aged 15 years and over.
- lone persons aged 65 years and over were less likely to own their home outright than couples aged 65 years and over (74% compared to 85%).
- persons aged 65 years and over had the lowest mean incomes of $396 per week compared with $549 per week for the total population aged 15 years and over.
For further details, refer to Household Income and Income Distribution, Australia (cat.no 6523.0) which was released on 4 August.
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