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

Gordon Campbell:
On The National Leadership “Contest”

Key’s endorsement of English has turned this “contest” into a race for second place.

This succession was well planned. Lets not forget that English was told by Key in September of his intention to resign, and English was the only member of Cabinet entrusted with that information before it was sprung on everyone else on Monday morning. More>>

Latest: Judith Collins and Jonathan Coleman have withdrawn from the leadership race, leaving Bill English the only candidate to replace John Key as Prime Minister.

 

Education: Charter Schools Misleading Pass Rates

Labour: NCEA results for charter schools have been massively overstated... In one case a school reported a 93.3 per cent pass rate when the facts show only 6.7 per cent of leavers achieved NCEA level two. More>>

ALSO:

Rebstock Report Resolution: SSC Apologises To Derek Leask And Nigel Fyfe

Following a complaint by Mr Leask, the Ombudsman found that the State Services Commission acted unreasonably in relation to Mr Leask and identified numerous deficiencies in the investigation process and in the publication of the final report and in the criticisms it contained of Mr Leask... More>>

ALSO:

International Rankings: Student Results 'Show More Resourcing Needed'

NZEI: New Zealand had only held relatively steady in international rankings in some areas because the average achievement for several other OECD countries had lowered the OECD average -- not because our student achievement has improved. More>>

ALSO:

Earlier:

Salvation Army Report: Beyond The Prison Gate Report

A new Salvation Army report says changes must be made to how prisoners re-enter society for New Zealanders to feel safe and secure in their homes and communities. More>>

ALSO:

Surprise Exit: Gordon Campbell On The Key Resignation

The resignation of John Key is one thing. The way that Key and his deputy Bill English have screwed the scrum on the leadership succession vote (due on December 12) is something else again. It remains to be seen whether the party caucus – ie, the ambitious likes of Steven Joyce, Judith Collins, Paula Bennett, and Amy Adams – will simply roll over... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news