Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Little change in income for second year

Little change in income for second year

New Zealand Income Survey results for the June 2010 quarter showed income slightly decreased (a nonsignificant change) since the June 2009 quarter, Statistics New Zealand said today. The New Zealand Income Survey is an annual survey that is run during the June quarter (April to June) and provides a snapshot of income statistics about people and households.

Median weekly income for all people from all sources slightly decreased to $529, compared with the June 2009 quarter figure of $538 and the June 2008 quarter figure of $536. A small rise in wage and salary income was offset by decreases in other sources of income.

Median weekly wage and salary income for those receiving wage and salary income slightly increased by 1.2 percent since the June 2009 quarter. This is the lowest annual movement recorded for the NZ Income

Survey since the June 1999 quarter. While there was a slight rise in income from wages and salaries, the proportion of the working age population receiving this form of income has slightly decreased since the June 2009 quarter (from 54.1 percent to 53.5 percent).

Median hourly earnings from wages and salaries rose by $0.53. This is the smallest rise recorded in hourly earnings for the NZ Income Survey since 2003.

Median weekly income from government transfers for those receiving government transfer income slightly decreased by $4 to $269. The number of people receiving government transfers has increased significantly by 54,400 (4.9 percent) since the June 2009 quarter. In the last two years the number of people receiving government transfers has increased by 88,100 (8.3 percent).

Since the June 2009 quarter, median weekly income from self-employment, for those receiving selfemployment income fell $38 (6.3 percent) to $575. Median weekly income from investments for those receiving investment income, dropped by $3 to $12.

View the report here.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

ETS Review: Modelling Documents Released

Three technical documents are being released to help New Zealanders engage with the Emissions Trading Scheme (ETS) review, Climate Change Minister Paula Bennett says. More>>

ALSO:

Northland: Govt Plan Targets Transport, Web, Maori Assets

The government has released a 10-year plan to attract investors and lift economic growth in Northland, a region that perennially underperforms the rest of the country even while being endowed with natural beauty, productive land, minerals, a potential workforce, scope for manufacturing, forestry and aquaculture, and proximity to Auckland. More>>

ALSO:

Statistics: Unemployment Rate Falls To 5.3 Percent

The unemployment rate fell to 5.3 percent in the December 2015 quarter (from 6.0 percent), Statistics New Zealand said today. This is the lowest unemployment rate since March 2009. There were 16,000 fewer people unemployed than in the September ... More>>

ALSO:

Employment: Labour Urges Talley’s To End AFFCO Lockout

Labour has urged Talley’s to resolve the ongoing industrial dispute with AFFCO workers which is having a severe effect on the employees, their families and their communities, Labour’s Workplace Relations spokesperson Iain Lees-Galloway says. More>>

ALSO:

Three Kings: Govt To Oppose Appeal Blocking $1.2B Auckland Housing Plan

Environment Minister Nick Smith and Housing New Zealand have joined legal proceedings in support of Auckland Council and Fletcher Building opposing a bid by community groups to only allow low-rise housing in a $1.2 billion housing redevelopment on the disused site of the Three Kings quarry. More>>

ALSO:

Transport: Jetstar Expands Regional Network With Three New Routes

More New Zealanders than ever before will have access to Jetstar’s affordable flights when new services take off today from Auckland to New Plymouth and Palmerston North, and Nelson to Wellington. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news