What Is Middle Class Income In New Zealand?

What is the poorest town in New Zealand?

KawerauKawerau is New Zealand’s poorest town.

It has the country’s lowest average income, its highest share of sole parents and beneficiaries, and has been dominated for 30 years by the Mongrel Mob..

Does New Zealand have free healthcare?

New Zealand residents and some work visa holders benefit from a public health system that is free or low cost, thanks to heavy government subsidies. New Zealand residents can choose to take out medical insurance for private healthcare, although many New Zealanders do not opt for this additional cover.

Why is food expensive in New Zealand?

New Zealand has very little local competition in a number of key industries, and it’s hard/expensive for overseas suppliers to enter the market and compete. As a result, we pay huge amounts for a lot of basic goods. NZ is only 4% of Fonterra’s business.

What is the highest paying job in NZ?

Top 10 Highest-Paying Jobs in New ZealandReal estate agent.Accountant. … Oil and gas engineer. … Investment banker. Average salary: NZ$117,200 ($79,600) … Construction manager. Average salary: NZ$114,930 ($78,060) … Software engineer. Average salary: NZ$112,600 ($76,470) … Management consultant. Average salary: NZ$111,490 ($75,720) … Lawyer. Average salary: NZ$111,440 ($75,680) … More items…•

What is considered rich in NZ?

Stats NZ data shows that to be in the top 1 per cent on an individual level in New Zealand, you need to have assets of $3.89 million. To be in the top 5 per cent, you need to clear $1.4m. On a household level, you get to 1 per cent with combined assets of $7.8 million. A top 5 per cent household needs $2.83m.

What jobs are in high demand in New Zealand?

Electricians, quantity surveyors, architects, carpenters and tilers are all needed to meet this demand. New blood is required in loads of areas and at every level within the construction industry.

What is a living wage in NZ?

$21.15The Living Wage rate for 2019 is $21.15. This is a 60 cent increase, in line with the average wage movement. The rate is announced annually on April 1 and the implementation date for Living Wage Employers is September 1.

What is a good salary in NZ?

2020 median pay and pay ranges by job categoryJob categoryMedian payPay rangeProperty$85,000$50,000 to $150,000Retail$48,000$40,000 to $65,000Sales$65,000$42,000 to $115,000Science and technology$65,000$42,000 to $115,00021 more rows

What jobs are most needed in New Zealand?

Skills in demandSkills in demand.Currently, the lists cover skills in these areas: Long Term shortages Intermediate shortages Canterbury shortages. Agriculture and forestry Construction Education. Engineering Finance/business Health and social services. … The importance of your immigration consultant.

What is the nicest city in New Zealand?

10 Best places to live in New ZealandNapier. Coming in at number two on our list is Napier. … Rotorua. If you are looking for somewhere a bit different, Rotorua is definitely up there as one of the best places to live in New Zealand. … Auckland. … Tauranga/Mt Maunganui. … Wellington. … New Plymouth. … Christchurch. … Hamilton.More items…•

What is the most common job in New Zealand?

The most popular career this year was police officer, according to the most searched for jobs on careers.govt.nz in 2018. The most popular career this year was police officer, according to the most searched for jobs on careers.govt.nz in 2018.

Is 60k a good salary NZ?

So, as long as you dont expect to live a life of a high roller, and don’t expect to drive a really flash car and eat out every weekend, 60k is liveable with a decent quality of life. It’s about half as good as NZ $120,000.

What is the average wage in NZ 2020?

Median weekly earnings from wages and salaries increase. Median weekly earnings from wages and salaries increased $44 (4.3 percent) to $1,060 in the June 2020 quarter. The number of people who reported being away from work with no wage and salary income increased 54,700 (75.3 percent) to 127,300.

How much does it cost to buy a house in New Zealand?

Conveyancer fee – Expect to pay $900-1,500 (£460-770) to the conveyancer who transfers the ownership of your property. Bank fees – Typically, New Zealand banks charge a $400 loan application fee. If you’re borrowing more than 80% of the property price, you may be subjected to a Lenders Mortgage Insurance Premium fee.

What is the average household income in New Zealand?

$102,613average annual household income (gross) was $102,613. average annual household disposable income (after tax and transfer payments) was $81,934. average annual household equivalised disposable income (after tax and transfer payments) was $45,744.

What is the average salary in NZ 2019?

$52,000New Zealand’s median income is $52,000. Sixty per cent of four-person households earn more than $102,500.

How much do you need to earn to live comfortably in New Zealand?

HOW MUCH DO YOU NEED TO EARN TO BE COMFORTABLE IN NEW ZEALND? I would say that all in all you would be pretty comfortable with an individual income of around $750 per week upwards. If you want to do/save/spend more then of course you need more.

What is the living wage in NZ 2020?

$22.10The New Zealand Living Wage hourly rate for 2020/21 is $22.10. It will come into effect on 1 September 2020. The Living Wage concept is very simple, yet such a powerful alternative – it’s the hourly wage a worker needs to pay for the necessities of life and participate as an active citizen in the community.