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

Gordon Campbell: On The Aftermath Of The Greenwald/Snowden Revelations

The credibility issues have come down to two main ones:

1 The email This has to do with whether Key knowingly agreed to use our immigration rules as a tool to ensnare and ultimately extradite Kim Dotcom, and do so largely at the behest of Hollywood’s leading corporates and their best friend in the White House, vice-President Joseph Biden. Some of the debate in the last few days has turned on the reliability of a Warners email that seems to set out this plan in black and white. IMO, the email is just the icing on the cake...

2. Mass surveillance Earlier to day I was going to try to explain the difference between what Edward Snowden/Glenn Greenwald were talking about (ie mass surveillance via the the cable-accessing SPEARGUN programme and the Xkeyscore analytical programme) and what Key has chosen to talk about instead in order to deliberately distract and confuse the public. Then I found that Keith Ng had not only beaten me to it, but had done so with beautiful lucidity. More>>

Out-Link - "Project SPEARGUN underway" • OnPoint • Public Address

 
 

Parliament Today:

Pre-Election Chartering: Four New Partnership Schools To Open

Education Minister Hekia Parata today announced the Government has signed contracts to open four new Partnership Schools in 2015. More>>

ALSO:

Werewolf 50 Out Now - The Election Issue: Loss Leaders

Gordon Campbell: A third term requires a mature decision, with eyes wide open. It calls for a conscious vote of confidence… Without trying hard here are about 19 reasons, in no particular order, for not ticking ‘party vote’ National. More>>

ALSO:

Not-Especially New Plans: All Prisons To Become Working Prisons Under National

All public prisons in New Zealand will become full working prisons by 2017, and ex-prisoners will receive post-release drug addiction treatment if National is returned to government, says Corrections Spokesperson Anne Tolley. More>>

ALSO:

Māngere: "False Claim Of Matai Title" - Labour

National must explain why its candidate for Māngere Misa Fia Turner appears to be using a Matai title she is not entitled to, Labour’s MP for Māngere and Pacific Islands Affairs spokesperson Su’a William Sio says. A Matai title is a legally-recognised ... More>>

ALSO:

CPAG Report: No New Zealand Child Should Grow Up In Poverty

Child Poverty Action Group's flagship policy publication Our Children, Our Choice: Priorities for Policy calls for cross party political agreement to underpin an action plan to eliminate child poverty in New Zealand. More>>

ALSO:

Gordon Campbell:
On National’s Phantom Tax Cut Package

Hmmm. So National’s tax cuts package turns out to be one of those television advertisements that screams a headline promise – perfect skin! a youth tonic that works! – while in very small print there’s an out clause: special conditions may apply. More>>

ALSO:

Water: New Marine Reserves On West Coast Opened

Five new marine reserves were officially opened by Conservation Minister Dr Nick Smith on the West Coast of the South Island to protect a range of marine ecosystems for conservation, science and recreation. More>>

ALSO:

Perception: Study Looks At Trustworthiness And Support Of Politicians

A University of Canterbury marketing study has looked at what impact the Thatcher Effect has on perceptions of trustworthiness and liking of New Zealand politicians leading up to the 2014 general election. More>>

ALSO:

History Lessons: Jamie Whyte At ACT Campaign Opening

It is nearly 20 years since the ACT party was born. Many people no longer remember why it was named ACT. They may imagine that it was on account of our determination to actually do things in parliament rather than simply occupy the seats and collect the salaries. That’s true but it isn’t the right answer... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news