Average weekly income on the rise in June quarter

Statistics NZ said in a commentary today the average weekly gross income was $554 for the June 2004 quarter, up 2.6% compared to a revised $540 the year-earlier.

Males remain better off than females, with men collecting an average weekly income from all sources of $700, compared to $417 for women. Average hourly rates for men was $19.58, while women received an average hourly rate of $16.80.

The average weekly income from wage and salary rose 4.6% in the June 2004 quarter to $348. This reflected a 3.2% increase in wages and salaries for those in paid employment and a 3% rise in the number of people in paid employment.

Late baby boomers in the 45 to 49 year age group reported the highest average weekly income of $795. Males in this age group had an average weekly income of $1026 , and females $570

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