And as per Newshub this morning:
8.8. Jesus. I remember hearing people complain when 4X was considered "too much". They'd probably be beside themselves now.
It's household gross income, so it's even worse.
I think another bit issue is that the tax brackets have not been adjusted since 2010:
So even at the minimal wage people are not really encouraged to do more because all of the extra income will be taxed at 30% + the new unemployment levy.
Do you turn down salary increases because “you are not really encouraged to do more?”