Story: Income and wealth distribution

Distribution of household wealth, 2001

Distribution of household wealth, 2001

The 2001 household survey revealed considerable inequality in wealth in New Zealand. Almost half of the net wealth (48%) was owned by the top decile (10%) of households (defined as a couple or an individual without a partner). On average each household in the top decile owned $1 million. By contrast the bottom half of the households only owned 7% of the total wealth.

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How to cite this page:

Brian Easton, 'Income and wealth distribution - Wealth', Te Ara - the Encyclopedia of New Zealand, (accessed 10 December 2023)

Story by Brian Easton, published 11 Mar 2010