Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


2014 Rich List paints picture of inequality denial

2014 Rich List paints picture of inequality denial


The National Business Review’s 2014 Rich List is a stark reminder of the growing inequality in New Zealand, according to FIRST Union.

This year is the first time the combined wealth of New Zealand’s Rich-Listers has passed $50 billion, more than doubling the combined wealth of Rich-Listers just a decade ago.

“What we’re seeing here is a society in a state of inequality denial, propagated by a government of inequality deniers”, said FIRST Union General Secretary Robert Reid.

“For the bottom half of New Zealanders inflation-adjusted income has barely grown since the mid-1980s. Workers are normally told that wages will rise with productivity gains, but the productivity of the New Zealand workforce is 50% higher now than it was 20 years ago. Workers have been sold a lie.

“This inequality is the result of deliberate policy to keep wages low. John Key, The country’s wealthiest Prime Minister in history and a prominent inequality denier, has seen his personal fortune rise by $5 million over the last year. There’s still no evidence of his productivity rising to meet the inequality challenge.

“New Zealanders have the ability to repaint the picture in this election. Inequality is emerging as the major battleground, and recent policies proposed by the left parties are delineating a clear alternative.”

Starting next week FIRST Union will begin its 2014 Stopwork Meetings around the country, where the union’s work tackling inequality will be highlighted and political leaders will address workers around the country.

-Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news