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Median income is the amount that divides the income distribution into two equal groups, ... New Zealand: 31,900 (2019) ... figures for 2021, 2020 or 2019 are shown.
Budget 2024 is the New Zealand budget for fiscal year 2024/25 presented to the House of Representatives by Minister of Finance, Nicola Willis, on 30 May 2024 as the first budget presented by the Sixth National Government, [1] [2] ignoring the mini-budget they presented in December 2023.
Annual median equivalised disposable income per person, by OECD country. [2]The median equivalised disposable income is the median of the disposable income which is equivalised by dividing income by the square root of household size; the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some of their living costs.
Median weekly household income in New Zealand fell slightly or stagnated from 2009 to 2010 during the "great recession" period. In June 2009 it was $1,234 [ 7 ] and June 2010 it was $1,236. [ 8 ] In 2011 household incomes recovered to beyond the high of 2008 again – median weekly household incomes increased again to $1,289.
The latest figures from the U.S. Census Bureau show that the national median household income is $74,580. So based on the Pew Research Center’s definition, middle-class household incomes range ...
A newspaper article on decreased do-it-yourself (DIY) retail spending in 2008 quoted an agency source: "Figures from Statistics New Zealand show DIY spend has been tracking down with the retail sector." This information helps businesses adjust to new realities. [20] Radio programs such as "Radio New Zealand National" have quoted agency data. [21]
The deficit is forecast to reach $2.3 billion in fiscal year 2024/25, with Net Core Crown debt forecast to go up by around $100 billion by that time, with a peak of 48% of national GDP in the 2022/23 fiscal year. [1] Unemployment is forecast to reach around 5.2% in June 2021 before going down to around 4.2% in 2025. [1]
The real median post-tax household income jumped 3.7% from $66,800 in 2022 to $69,240 in 2023. The good news is that household income increased at all income levels. It wasn't just high earners ...