June 2013 Income survey

October 7th, 2013 at 11:00 am by David Farrar

Stats  NZ has published their latest annual income survey. Some interesting stats:

  • Average from wages/salaries up 6% in the last year
  • Average income from all sources up 2.2% and median income from all sources up 2.7% which suggests less income inequality
  • Median income for those in paid employment is $45,729 and average income is $53,759
  • Median income for those with no qualifications is $39,002, $50,005 for a bachelors degree and $67,003 for a post-grad degree
  • Age is a major factor in income. 50% of those in the bottom income quintile are aged under 25, while under 25s make up just 2% of the top income quintile. Those arguing that 16 year olds must get paid $18.40 an hour are basically buts.
  • The average income for a couple with two dependent children is $97,924 while for a sole parent with dependent children is $37,126
  • Government transfers represent 3% of the income of an average couple with two children and 46% of the income an an average sole parent.
  • The median salary/wage for a 40 hour week  is $45,009 and the average is $54,229
  • 1,197,100 people receive a Government transfer, 1,892,100 are in employment, 323,900 are self-employed
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13 Responses to “June 2013 Income survey”

  1. Redbaiter (7,865 comments) says:

    Such pitifully low figures.

    I guess that’s what you get when you make government the biggest business in the country and the main source of income for so many people.

    That the NZ government needs a budget of $70 billion for running a country of 4 million people is a disgrace.

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  2. JC (930 comments) says:

    “323,900 are self-employed”

    And we have just under 600,000 registered companies :)

    JC

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  3. BeaB (2,074 comments) says:

    No wonder government costs so much. I have just received in the mail a pamphlet about the fatuous referendum, complete with orange Mr Blobby to help us take it really seriously – and step-by-step instructions on how to make a tick in the square. tear it off, put it in an envelope and post it – complete with diagrams in case we are really really stupid.

    I looked for the voting paper but no, this is only an advance mailing to tell us what to do when we get to vote late next month.
    A total waste of money!

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  4. dime (9,611 comments) says:

    “Median income for those with no qualifications is $39,002, $50,005 for a bachelors degree and $67,003 for a post-grad degree”

    Median of 67 stacks for a post grad degree. Struth. There must be some garbage post grads out there.

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  5. alex Masterley (1,495 comments) says:

    Dime,

    The rubbish post grads are lumped around political studies methinks.

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  6. mikenmild (11,234 comments) says:

    I should think sociology, anthropology and history post grads might pull down that median also. Probably a few other ‘disciplines’ as well.

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  7. mandk (861 comments) says:

    ” – The average income for a couple with two dependent children is $97,924 while for a sole parent with dependent children is $37,126
    – Government transfers represent 3% of the income of an average couple with two children and 46% of the income an an average sole parent.”

    These facts illustrate that the economic cost of complacently watching the decline of the traditional family is vast. And yet, it is difficult to see any evidence of efforts to halt the decline.

    We all paying for the implementation of the progressive agenda. Shame.

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  8. Cunningham (828 comments) says:

    BeaB (1,749) Says:

    “I looked for the voting paper but no, this is only an advance mailing to tell us what to do when we get to vote late next month.
    A total waste of money!”

    I suggest you (and everyone else on this blog who thinks the referendum is a crock of shit) refrains from voting in protest. The smaller the turnout, the mort stupid the opposition will look when the results come back.

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  9. rouppe (932 comments) says:

    1,892,100 are in employment, 323,900 self employed, makes 2,216,000 earners.

    1,197,100 receive a Government transfer.

    That’s 54%. Over half of all employed or self employed people receive some sort of government handout on top of those who are on unemployment, sickness and invalids benefit.

    Does National Super count as a transfer? Cause if it doesn’t then there’s no wonder NZ Inc is financially struggling.

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  10. Redbaiter (7,865 comments) says:

    “That’s 54%. Over half of all employed or self employed people receive some sort of government handout on top of those who are on unemployment, sickness and invalids benefit. ”

    Its what you call losing the political fight. Its how the left have ensured they have a vote base. It happened because the left have also taken over the National Party. Its why so many Nat supporters here on Kiwiblog can be seen upticking left wing ideology.

    If you’re a worker, and you want to keep the money you earn rather than have it stolen by a rapacious state, you have to break the sclerotic political alliance of National and Labour.

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  11. Redbaiter (7,865 comments) says:

    “That’s 54%. Over half of all employed or self employed people receive some sort of government handout on top of those who are on unemployment, sickness and invalids benefit. ”

    Its what you call losing the political fight. Its how the left have ensured they have a vote base. It happened because the left have also taken over the National Party. Its why so many Nat supporters here on Kiwiblog can be seen upticking left wing ideology.

    If you’re a worker, and you want to keep the money you earn rather than have it stolen by a rapacious state, you have to break the sclerotic political alliance of National and Labour.

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  12. backster (2,109 comments) says:

    I guess the opposition will now start endlessly whining that average income in the last year has gone up about 8 times the rate of inflation, even more than the cost of power. I did hear on the news that the boss of the Valuation department got a 26% rise, great eh.

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  13. Jafa (37 comments) says:

    It’s a total disgrace how so many folk are dependant on the state for their survival. This is the legacy of the ‘cradle to the grave’ mentality that is nurtured and fostered by those on the left. Whatever happened to hard work, thrift and working smarter. We begrudge and demonise the wealth creators in this country only to expect them to happily hand it all over to those who can’t be bothered. It is too easy to vote for a living in NZ. The ‘living’ wage rort will only make it worse!

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