Report from BusinessDesk
Wellingtonians have New Zealand’s second highest median weekly income from paid employment at $850, according to Statistics NZ’s latest quarterly income survey. Aucklanders have the highest median weekly income at $863.
The survey also shows that older kiwis may be less inclined to put their feet up – there’s been shows a jump in income for the self-employed aged 65 and above.
The median weekly income from self-employment for those aged 65 and above increased by $19 a week, or 5.3%, to $384. The proportion of that age-group getting income from self-employment rose to 7.5 percent from 6 percent.
For all New Zealanders surveyed, the median weekly income from all sources rose 1.8 percent to $560 and for those receiving income from wages and salaries, up 0.7 percent to $806. Median hourly earnings climbed 2.4 percent to $20.86.
The number of people receiving income from government transfers lifted 3 percent, with a 5 percent jump in the number of people aged 65+ being the main contributor to this rise.
The median weekly income from all sources for Maori was up 3.4 percent to $475, while the equivalent non-Maori increase was 2.7 percent to $575 a week.