 | This article needs to be updated. (March 2018) |
Median household income is commonly used to measure the relative prosperity of populations in different geographical locations. It divides households into two equal segments with the first half of households earning less than the median household income and the other half earning more.
New Zealand and Australia are gradually being economically integrated through a process known as "Closer Economic Relations (CER)". Their citizens are free to travel, live and work in either country. Information about their relative median household incomes is of interest, especially for those considering migration.
The latest release shows that the median gross household income in 2013–2014 was $80,704, and the average of all households was $107,276.[1]
- ^ "Australia's rich are getting richer. Everyone else is stagnating". The Guardian. 10 September 2015. ISSN 0261-3077. Retrieved 9 March 2016.
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