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New Zealand expat incomes still at 2011 levels
| Published: | 16 Oct at 3 PM |
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Tagged: New Zealand
A New Zealand government survey reports that all incomes, including those of expat workers, failed to increase between June 2011 and June 2012.
The New Zealand Income Survey, released last week by Statistics New Zealand, showed no real increase in income for all sources for all residents. Between the two quarters, there was an insignificant rise in median weekly income of around 1.8 per cent in the age groups 20-24, 60-64 and over 65, from NZ$550 to NZ560.
For salaried workers, wages rose by NZ$6 to NZ$806, the change in median weekly salaries and wages was the smallest for 13 years. However, for those aged between 60 and 64, the increase was NZ$62, bringing the median wage to NZ$860, and for those between 20 and 24 in part-time employment, a rise of NZ$32 made their salaries up to NZ$250.
Median hourly wages showed almost no change, although the self-employed aged 65 and over saw a 1.5 per cent increase between the two quarters, and those in receipt of government transfers saw a rise of 3 per cent. The survey is an annual event, intended to give a snapshot of pre-tax household and personal income statistics.
The New Zealand Income Survey, released last week by Statistics New Zealand, showed no real increase in income for all sources for all residents. Between the two quarters, there was an insignificant rise in median weekly income of around 1.8 per cent in the age groups 20-24, 60-64 and over 65, from NZ$550 to NZ560.
For salaried workers, wages rose by NZ$6 to NZ$806, the change in median weekly salaries and wages was the smallest for 13 years. However, for those aged between 60 and 64, the increase was NZ$62, bringing the median wage to NZ$860, and for those between 20 and 24 in part-time employment, a rise of NZ$32 made their salaries up to NZ$250.
Median hourly wages showed almost no change, although the self-employed aged 65 and over saw a 1.5 per cent increase between the two quarters, and those in receipt of government transfers saw a rise of 3 per cent. The survey is an annual event, intended to give a snapshot of pre-tax household and personal income statistics.
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