Wages in New Zealand Increasing

 
 
February 5th, 2007 • Related • Filed Under

Wages in New Zealand rose 3.2 percent during 2006, in dollars per hour.

The fact that New Zealand’s labour-force grew in 2006 and more overtime was worked means incomes in New Zealand actually rose by 9 percent in 2006. This is bad news for the central bank – New Zealand’s central bank, like it’s British counterpart, has been struggling to keep a lid on inflation – and makes a further rise in interest rates more likely.

The average man in New Zealand now earns $920 for a working week of just under 40 hours. (That’s £320 per week at today’s exchange rate.) The average woman earns $735 (£256) for just over 36 hours of work each week.

Average Hourly Earnings In New Zealand

Workers
 Average
Hourly
Earnings
Males $23.91
Females $20.49
Private sector $20.89
Public sector $28.09
All Workers $22.36

Average Hourly Earnings By Industry

Employment
Sector		 Average
Hourly
Earnings
Accommodation / Cafes / Restaurants $14.42
Retail $15.36
Construction $20.13
Manufacturing $20.83
Personal Services $21.53
Transport / Storage / Communication $21.72
Health and Community Services $23.21
Wholesale Trade $23.38
Cultural and Recreation Services $23.66
Forestry and Mining $24.79
Property and Business Services $26.02
Education $27.29
Government Administration and Defence $28.41
Finance and Insurance $31.07
Electricity, Gas and Water $31.58

Source: Statistics New Zealand

 

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