|Not a member? Sign up now!|
Average weekly household expenditure increased by $58 to $1,010 between 2006/07 and 2009/10, Statistics New Zealand said today. This increase was due to higher average weekly expenditure on housing and household utilities (up $40), food (up $15), and communication (up $5). However, spending on household contents and services decreased $5.
Results from the latest three-yearly Household Economic Survey (HES) showed significant changes in household spending between 2006/07 and 2009/10:
In 2009/10, the housing and household utilities group was the largest component of household spending, making up one-quarter of total household expenditure (up from 22 percent in 2006/07). The next largest components are food (18 percent) and transport (13 percent).
For those making rent payments, 33 percent made weekly payments over $300 in 2009/10, up from 22 percent in 2006/07.
Other survey results showed that average annual household income increased from $68,710 to $76,584 between 2006/07 and 2009/10, driven by increases in wages and salaries, other government benefits, and New Zealand Superannuation and war pensions.