Utopia, you are standing in it!
Summary of the 222 pages of MSD's Household Incomes report: kids are still missing out BIG time. #itsnotchoicehttp://t.co/4x7dm1O0Wg—
Child Poverty NZ (@povertymonitor) August 13, 2015
AHC = after deducting housing costs
BHC = before deducting housing costs
‘anchored line’:
- this is the line set at a chosen level in a reference year (now 2007), and held fixed in real terms (CPI adjusted)
- the concept of ‘poverty’ here is – have the incomes of low-income households gone up or down in real terms compared with what they were previously?
‘moving line’:
- this is the fully relative line that moves when the median moves (e.g. if median rises, the poverty line rises and reported poverty rates increase even if low incomes stay the same)
- the concept of ‘poverty’ here is – have the incomes of low-income households moved closer or further away from the median?
Bryan Perry, Household Incomes in…
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