Income of top 1%, 5%, 10% in NZ – How do you compare?
Ever wondered where your income sits compared to the rest of New Zealand?
In this video, we break down the latest data from the IRD and show you how much you need to earn to be in the top 20%, 10%, 5% and even the elusive 1%.
Spoiler alert – earning minimum wage already puts you ahead of 40% of the country. This is about more than just comparison – it’s about understanding how income and wealth are different.
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
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