Poverty measurement, irrespective of the methods used, involves judgements. Poverty is about not having enough (and therefore is different from inequality) and this inevitably raises the question: what do we mean by enough and how do we measure that? Leaving that important discussion aside, there are two fundamental components in measuring levels of poverty, an income measure and a living standards measure. This brief document below summarises the key components of each and their relationship to one another.
Other websites for reference
Child Poverty Mointor www.childpoverty.co.nz
Ministry of Social Development - latest household incomes report