Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


The rich get richer, why not everyone else?

27 July 2012

The rich get richer, why not everyone else?

The minimum wage would be $16 an hour if it rose at same rate as the wealth of the 151 New Zealanders on the NBR rich list, said the Green Party.

The NBR rich list, released today, shows the collective wealth of the richest New Zealanders rose by $7 billion, or 18%, in the last year.

"The rich list highlights the growing income inequality in New Zealand While Kiwi families on low wages struggle to get by the wealthiest New Zealanders are doing very well," said Green Party Co-leader Metiria Turei.

"Treasury forecasts average wage growth of only 3-4% for the foreseeable future, yet the rich listers’ wealth is growing at a phenomenal rate of 18%.

"Government policy such as tax cuts for the well off, is fuelling a boom for those at the top while all other families are confined to limited wage growth and increasing job uncertainty.

"The Government should immediately lift the minimum wage to $16 to bring it into line with the wage growth of those on the rich list or, better yet, adopt Green Party policy and set the minimum wage at 66% of the average wage,” said Mrs Turei.

The 2011 OECD report Divided we stand showed that the income gap had grown faster in New Zealand than any other OECD country.

"Each year the rich list highlights the inequality gap in New Zealand. But each year the Government does nothing to address this chronic problem," said Mrs Turei.

"It is time we got serious about developing policies that actually close the inequality gap rather than increase it.

“The Greens will be supporting David Clark’s Member’s Bill to lift the minimum wage to $15 an hour as an important step in the right direction.

"Massive income inequality and poverty is anathema to our concept of a fair and egalitarian society and needs to be addressed," said Mrs Turei.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Anzac Issue Out Now: Werewolf 47

Alison McCulloch: Lest We Remember

Local iwi have plans to spruce up the Te Ranga site as part of the 150th commemorations this year of key battles in the “New Zealand Wars”, but not a lot of money to do it with.

Information gathered from numerous government agencies shows that while more than $25 million is being spent on monuments and commemorations relating to foreign wars, primarily World War I and its centenary, only around $250,000 has been set aside for those fought on our own soil. More>>

Anne Russell: Anzac Day - Identity Politics, With Guns

Even cursory research into media reports from the past forty years reveals a cultural shift in the commemoration of Anzac Day. Among other things, turnout at Dawn services has increased significantly in recent decades.

Contemporary numbers are estimated at 3,000-4,000 in Wellington, and 10,000-15,000 in Auckland. Newspaper reports from the 1970s and 80s estimated Wellington turnouts at 300-800, and Auckland at anywhere from 600 to 4,000. More>>

 
 

Parliament Today:

Spookwatch: New Inspector-General Of Intelligence And Security Appointed

Prime Minister John Key hasannounced the appointment of Cheryl Gwyn as Inspector-General of Intelligence and Security. The appointment was made by the Administrator of the Government on behalf of the Governor General and is for a term of three years. More>>

Crowdsourcing: Green Party Launches Internet Rights And Freedoms Bill

The Green Party has today launched the Internet Rights and Freedoms Bill, New Zealand’s first ever Bill crowdsourced by a political party. More>>

ALSO:

Gordon Campbell: On The Shane Jones Departure

Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and with the interests of the Labour Party (under whose banner he served) way, way back down the track. More>>

COMMENT:

Multimedia: PM Post-Cabinet Press Conference - April 22 2014

The Prime Minister met with reporters to discuss: • The recent improvement in the economy with a growing job market • Income and wealth inequality • Easter trading laws • The New Zealander killed in a drone strike in Yemen... More>>

ALSO:

Easter Trading: Workers 'Can Kiss Goodbye To Easter Sunday Off'

The Government’s decision to “reprioritise” scarce labour inspector resources by abandoning the enforcement of Easter Sunday Shop Trading laws means workers can kiss goodbye to a guaranteed day off, says Labour’s Associate Labour Issues spokesperson Darien Fenton. More>>

ALSO:

ACT Don't Go For Maximum Penalty: Three Strikes For Burglary, Three Years Jail

Three strikes for burglary was introduced to England and Wales in 1999. As in New Zealand, burglary was out of control and given a low priority by the police and the courts. A Labour government passed a three strikes law whereby a third conviction for burglaries earned a mandatory three years in prison... More>>

ALSO:

Gordon Campbell: On Drone Strikes And Judith Collins‘ Last Stand

The news that a New Zealand citizen was killed last November in a US drone attack in Yemen brings the drones controversy closer to home. More>>

ALSO:

Elections: New Electorate Boundaries Finalised

New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. More>>

ALSO:

Policies: Labour’s Economic Upgrade For Manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages. More>>

ALSO:

Gordon Campbell: On The Life And ACC Work Of Sir Owen Woodhouse

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news