So the good news is, New Zealanders are getting paid more. According to the just released 2006 Hays Salary Survey, which covers 13 sectors in Auckland, Christchurch and Wellington: 58 per cent of employers increased salaries by 3-6 per cent and 25 per cent increased by less than 3 per cent. Some 13 per cent of employers raised salaries by 6-10 per cent and 4 per cent lifted salaries by more than 10 per cent.
The bad news is, since January 1st, those hard earned pay rises went straight to taxes. That's right - today (June 1st) is this year's Tax Freedom Day - the average New Zealander has had to work 151 days to pay off taxes - 6 days longer than last year, and about 3 weeks longer than Australia's. From here on out Kiwis can actually keep what they earn!