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

 


English fooling no-one on inequality

David

PARKER

Spokesperson for Finance
24 June 2014 MEDIA STATEMENT

English fooling no-one on inequality

Bill English’s narrow and selective focus on a small subset of inequality statistics is fooling no-one, Labour’s Finance spokesperson David Parker says.

“Bill English is yet again trying to hoodwink New Zealanders by claiming inequality is not growing. New Zealand is now a country where the gap between the wealthy and the less well-off grows wider every year.

“The public knows that. Bill English is so out of touch that he thinks the 75 per cent of New Zealanders who say the gaps are widening are wrong.

“National cherry picks statistics to back up its claims. The OECD Report that Bill English cites is based on 2011 data but he knows the 2012 data shows income inequality reaching its highest level in recorded history.

“The income inequality data also excludes capital gains on the likes of investment housing, which is a significant contribution to inequality in this country.

“The truth is, in the 1980s New Zealand was in the best 30 per cent of the OECD for income inequality. Since then income inequality has got worse overall in the OECD, while New Zealand’s downward trend has deteriorated even further. We are now in the worst 40 per cent of countries for income inequality.

“The consequences of income inequality at these levels pile up every year. That’s why home ownership rates have dropped to their lowest level in 50 years and 285,000 children live in poverty.

“Under National the gaps will only widen.

“We need better paid jobs, lower power bills and more affordable housing.

“If Bill English really wants to make a difference, reduce inequality and child poverty, he should adopt our Economic Upgrade policies to create the better jobs and higher wages that New Zealand needs to become a more equal society,” David Parker says.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Labour's 'Future Of Work': Major Reform Of Careers And Apprenticeships

The next Labour Government will transform careers advice in high schools to ensure every student has a personalised career plan, Leader of the Opposition Andrew Little says. More>>

ALSO:

State Investments Management: Treasury Likes IRD, Not Education Or Corrections

The Inland Revenue Department has scored an 'A' in the first tranche of the Treasury's investor confidence rating for state agencies that manage significant Crown investments and assets, gaining greater autonomy as a result, while the Corrections and Education ministries gained a 'C' rating. More>>

ALSO:

Govt Goal: NZ To Be "Predator Free" By 2050

Prime Minister John Key has today announced the Government has adopted the goal of New Zealand becoming Predator Free by 2050... “That’s why we have adopted this goal. Our ambition is that by 2050 every single part of New Zealand will be completely free of rats, stoats and possums." More>>

ALSO:

Gordon Campbell: On The IOC’s Treatment Of Russian Sport, And Lone Wolf Terrorism

A blanket ban on Russian athletes would also have exposed the IOC to criticism that its treatment of Russia would have been marked contrast to its treatment say, of the track and field team from Kenya – a country about which the IOC has very similar doping concerns. More>>

ALSO:

Sounds Like A Plan: Auckland Council Receives Unitary Plan Recommendations

A key milestone in New Zealand planning history was reached today when the Independent Hearings Panel delivered the reports containing its recommendations on the Proposed Auckland Unitary Plan. More>>

ALSO:

National Park Expansion: Forests And Coast Of Kahurangi Protected

Five parcels of high value land totalling more than 890 hectares have been formally gazetted as part of the National Park. More>>

ALSO:

PPP Go-Ahead: SkyPath Gets Unanimous Support

Auckland’s SkyPath project has been given the go-ahead to be delivered through a public private partnership, after a unanimous decision at today’s Finance and Performance Committee. More>>

ALSO:

Gordon Campbell: On The Reserve Bank, The UN Shortlist, And Trump

Can there really be there any link between the US presidential elections and yesterday’s RBNZ signals on interest rates and the NZ dollar? Well, maybe. And it would be this: the improving US economy is reportedly putting a tailwind behind the US dollar, and rendering the actions of our Reserve Bank virtually irrelevant. More>>

ALSO:

Gordon Campbell: On What John Key Should Be Asking Joe Biden

No doubt, US Vice-President Joe Biden will be updating Prime Minister John Key on the chances of a TPP vote taking place in the ‘ lame duck’ session of Congress that’s held between the November’s election and the inauguration of a new President in January. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news