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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.
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.
It received 1.5% of the party vote in the 2020 general election, and 2.2% of the party vote in the 2023 general election. The party won an elected office for the first time in the 2022 local elections , with one member elected to the Featherston Community Board in the South Wairarapa District .
The country’s households owe NZ$346.4 billion in home mortgage debt and loans in arrears now total NZ$1.3 billion, up 65% on 12 months ago. It looks unlikely there will be any relief on that front.
In FY 2014, New Zealand's investment income from the rest of the world was NZ$7 billion, versus outgoings of NZ$16.3 billion, a deficit of NZ$9.3 billion. [108] The proportion of the current-account deficit that is attributable to the investment income imbalance (a net outflow to the Australian-owned banking sector) grew from one third in 1997 ...
Since the 2023 election, five parties have been deregistered: DemocracyNZ on 15 February 2024, [9] [a] Leighton Baker Party on 27 May 2024, [10] [b] New Zealand Loyal on 26 July 2024, [11] [c] Democratic Alliance on 27 November 2024, [12] and the New Nation Party on 29 January 2025.
In the 2023 New Zealand general election held on 14 October, the Labour Party lost its place as the largest party in parliament to the National Party. [210] In final results, Labour gained 26.91% of the popular vote and its share of parliamentary seats dropped from 64 to 34. [211] Hipkins conceded the election to National Party leader ...
The median income was $39,400, compared with $41,500 nationally. 3,513 people (8.5%) earned over $100,000 compared to 12.1% nationally. ... Elections are held every ...