charsleysa:KiwiNZ:charsleysa: So I see no one has really brought up the issue of what poverty means.
New Zealand has a pretty screwed definition of poverty.
From otago University :
"This is defined as having less than 60% of median household income, after housing costs are removed."
The median weekly income last year was $844, so that means if you have less than $506 remaining of your weekly income after housing costs you are classified as living in poverty.
We use the UN definition of poverty.
The UN definition of absolute poverty is living on less than $1.25USD per day, that's roughly $38USD per month.
The UN definition of relative poverty is the similar but they note that it's susceptible to income distribution and even if you were earning $100k per year, if the income inequality is big enough then you will be classified as living in poverty.
Poverty is relative to where you live and the cost of living where you live which is logical.