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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Te Ara - The Encyclopedia of New Zealand
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Source: Statistics New Zealand
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