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

 


Government in denial over income inequality

Government in denial over income inequality

Today’s Household Incomes Report from MSD underscores National’s continued failure to recognise inequality is a problem and is getting worse, Labour’s Finance spokesperson David Parker says.

“The report shows income inequality has increased over the past year and remains higher than when National took office in 2008.

“National has repeatedly denied what most New Zealanders understand - that the gap between rich and poor is widening.

“That collective head-in-the-sand approach extends to the Prime Minister. He is so out of touch that he thinks the 75 per cent of Kiwis who say the gaps are widening are wrong.

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

“Inequality makes things worse for everyone, creating a dangerously unbalanced economy and slowing wage and jobs growth.

“New Zealand was among the best 30 per cent of the OECD for income inequality in the 1980s. While income inequality has got worse overall in the OECD since then, New Zealand’s downward trend has deteriorated even further.

“We are now among the worst 40 per cent of OECD countries for income inequality.

“The consequences of income inequality at these levels pile up every year; it’s why our home ownership rates have dropped to their lowest level in over 50 years and too many children live in poverty.

“Under National the gaps will keep widening. For a better New Zealand, we need well-paid jobs, lower power bills and more affordable housing,” David Parker said.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On The Kim Regime

During the Cuban Missile Crisis, the US had a very clear objective and eventually offered a quid pro quo of the removal of some of its own missiles from Turkey. This time, there’s no clarity about what the US is seeking, or offering.

It hasn’t helped that the US and the global media consistently agree on calling North Korea and its leadership “crazy” and “irrational” and urging it to “come to its senses”. When you treat your opponent as being beyond reason, it gets hard to comprehend what their strategy is, let alone work out the terms of a viable compromise. More>>

 

Recovery: Economic Impact Of Kaikōura Quake Revealed

The report details the impact on small businesses and tourism caused by disruptions to transport infrastructure and the economic impacts... The impact on New Zealand’s Gross Domestic Product (GDP) over the first 18 months following the earthquake has been estimated at $450-$500 million. More>>

ALSO:

Human Rights Commission: Urgent Need For Action On Seclusion And Restraint

Chief Human Rights Commissioner David Rutherford says that while the report makes for sobering reading, the focus should now be on how the recommendations can be used to reduce the occurrence of seclusion and restraint in New Zealand and, in circumstances where it is necessary, to improve practices. More>>

ALSO:

CORRECTIONS (March 2017):

SCHOOL SECLUSION ROOMS (2016):

$11bn Capital Spend, New Debt Target: Steven Joyce On Budget Priorities

First, delivering better public services for a growing country – providing all New Zealanders with the opportunity to lead successful independent lives... And finally, we remain committed to reducing the tax burden and in particular the impact of marginal tax rates on lower and middle income earners, when we have the room to do so. More>>

ALSO:

JustSpeak Report: Bail Changes To Blame For New Billion Dollar Prison

In 2013 criminal justice spending was falling and the Government was mulling over what to spend the money on. 3 years later there are 10,000 people in prison and a new billion dollar prison is announced. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news