Household income and saving increase in the December 2024 quarter – Stats NZ media and information release: National accounts (income, saving, assets, and liabilities): December 2024 quarter

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Source: Statistics New Zealand

Household income and saving increase in the December 2024 quarter 3 April 2025 – New Zealand household net disposable income rose 1.5 percent to $59.4 billion in the December 2024 quarter. The main driver of this increase was a rise in the income of self-employed business owners up 6.5 percent, according to figures released by Stats NZ today.

Household net disposable income is the amount of money a household has after all income (such as wages, interest, and child support) and outgoings (such as taxes) have been accounted for. It represents the money available for a household to spend, save, or invest.

These statistics describe the household sector as a whole rather than the experience of different individual households.

“Increases in the income from self-employed business owners and partnerships meant that household income rose during the December 2024 quarter, despite a decrease in salaries and wages for the second quarter in a row,” institutional sectors spokesperson James Mitchell said.  

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