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Showing posts with label NZ's low wage problem. Show all posts
Showing posts with label NZ's low wage problem. Show all posts

Monday, July 13, 2026

Dr Bryce Wilkinson: The political malaise over New Zealand’s low wage problem


Among prosperous nations, New Zealand is relatively a low-income country. That hurts.

In 2024, net national income per capita was 30% higher in Australia, according to the Paris-based OECD. It was only 19% higher on average over the four years to 2019.

That 2024 gap represents a missing NZ$20,000 per person a year. That is $100 billion a year spread over 5 million people.