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

 


Wealth gap in New Zealand underlined by updated book

Gap between the rich and the rest in New Zealand underlined by updated book

5 August, 2014

The latest data on poverty and inequality in New Zealand underline the size of the gap between the rich and the rest, according to the updated edition of The Inequality Debate: An Introduction.

Author Max Rashbrooke has updated the book using data released just a few weeks ago by the Ministry of Social Development. Rashbrooke threads this new data into the wider story of the large income gaps that have opened up in New Zealand over the last three decades.

As the book shows, inequality has increased slightly since the global financial crisis, reversing earlier decreases from policies like Working for Families. Since 2009, incomes have been static or falling for people in the poorest half of the country, but increasing for the rich.

But the book also traces the wider New Zealand story of inequality, starting with a huge surge in income gaps in the 1980s and 1990s – the biggest in the developed world – which left the country far more unequal than it was thirty years ago.

Someone in the richest 10 per cent now earns eight times as much as the person in the lowest 10 per cent, whereas in the 1980s they would have earned just 4.5 times as much.

And despite a mixed picture in recent years, New Zealand’s poverty rates remain extremely high – double what they were in the 1980s.

The percentage of all people in poverty was 9 per cent in the mid-1980s; now it’s 18 per cent. The percentage of children in poverty was 11 per cent in the mid-1980s; now it’s 24 per cent.

These concentrations of poverty, along with concentrations of great wealth, are – the book argues – one of the most important issues in 2014. Indeed, opinion polling shows that inequality and poverty are now the single most pressing issue for many New Zealanders.

The Inequality Debate: An Introduction is part of a series of short books published by Bridget Williams Books called ‘BWB Texts’. The book’s chapters were originally drawn from the larger work Inequality: A New Zealand Crisis published last year.

The Inequality Debate is both fascinating and horrifying. So short that you’ve got no excuse, this is the best book you can read if you want to be informed on an issue that will dominate the rhetoric of all major political parties this election year.’ David Williams,Salient

About the author
Max Rashbrooke is a Wellington journalist and author. He has written for national newspapers and magazines in New Zealand and the UK, including the Guardian, the Herald and the Listener.

About BWB Texts
BWB Texts are short books on big subjects. Published as snappy Penguin-style paperbacks and DRM-free e-books, this new series unlocks exciting opportunities for New Zealand non-fiction. Many more BWB Texts are scheduled for release through 2014 and beyond.

Rashbrooke is a contributor to a BWB Text publishing in October that collects New Zealand responses to Thomas Piketty’s bestselling book Capital in the Twenty-First Century.

For more information about BWB Texts please visit our website.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

  • Week in Parliament 22-05-15
  • Saturday Sitting
  • House Rises At Midnight
  • Telco Levy Bill Passes
  • Telco Levy Bill Completes First Reading
  • Social Housing Bill Passes Under Urgency

  • Labour Party: McCully Doesn’t Deny Bribe In Saudi Sheep Scandal

    “In Parliament today I asked Murray McCully directly: Why is he the first Minister in history to back a multi-million dollar facilitation arrangement which in other jurisdictions is called a bribe? says Labour’s Export Growth and Trade spokesperson ... More>>

    ALSO:

    Welfare: Closure Of Relationships Aotearoa

    The Aotearoa New Zealand Association of Social Workers (ANZASW) Chief Executive Lucy Sandford-Reed is concerned about the closure of a national service which provides a wide range of services to rural and urban communities throughout New Zealand. More>>

    ALSO:

    TPPA: University Of Auckland Warns Of Negative TPP Impact

    The University of Auckland May 20, 2015 University of Auckland Warns of Negative TPP Impact With the Trans Pacific Partnership (TPP) negotiation drawing to a close, the University of Auckland has expressed serious concerns about its potential implications. ... More>>

    NZ Flag: Flag Referendum Gets Hit Hard In New Poll

    The latest Campbell Live text poll confirms it is time for the Prime Minister to listen to the public and shelve his flag referendum, says the New Zealand First Leader Rt Hon Winston Peters. More>>

    Gordon Campbell: The Government’s Belated Moves On Property Speculation

    Is it a property tax on capital gains or a capital gains tax on property? The Jesuitical distinctions in the government’s spin about its latest moves on property speculators are all about whether the government can claim that it jumped, or confess that it ... More>>

    Grant Robertson:
    Key Can’t Just Be Prime Minister For Parnell

    John Key must show New Zealanders in next week’s Budget that he is more than the Prime Minister for Parnell, and is also the Prime Minister for Pine Hill, Putararu and Palmerston North, Labour’s Finance spokesperson Grant Robertson says. In a ... More>>


    Labour Party: More Regional Jobs Go In Corrections Reshape

    News that 194 Corrections staff are to lose their jobs will have ramifications not only for them and their families but for the wider community, Labour’s Corrections spokesperson Kelvin Davis says. Prison units at Waikeria, Tongariro and Rimutaka ... More>>

    ALSO:

  • NZ First - Prison Job Losses to Send Money Offshore
  • TPPA: ‘Team Obama’ Regroups On Fast Track, Still Not Deliverable

    ‘After yesterday’s stinging and unexpected defeat for the Obama administration’s attempt to advance Fast Track legislation in the US Senate, Senate leaders have worked up a compromise they think will get them past this blockage’, according to Auckland ... More>>

    NZ Government: 5,500 More Doctors And Nurses In Our Hospitals

    Health Minister Jonathan Coleman says a record number of doctors and nurses are working in District Health Boards across the country. More>>

    Controller and Auditor General: Katherine Rich Conflict of Interest Decision

    We are writing to you about a matter that has been raised with us by members of the public. More>>

    ALSO:

    Budget 2015: Andrew Little On The 2015 Budget

    Speaking to the Chamber of Commerce, the Labour opposition leader attacked the government’s approach to economic issues facing New Zealand. He said they have been “more than reckless in their complacency” and “the next week’s budget will do nothing ... More>>

    Defence Force: NZDF Building Partner Capacity Mission Personnel In Iraq

    NZDF Building Partner Capacity Mission Personnel in Iraq The New Zealand Defence Force Building Partner Capacity training mission contingent is in place at Taji Military Complex in Iraq. The Chief of Defence Force Lieutenant General Tim Keating says the ... More>>

    PM Press Conference: ACC Levy Cuts Announced

    In a press conference this afternoon in Wellington, ACC Minister Nikki Kaye proposed $500 million worth of ACC levy cuts. More>>

    Quakes: New Process For Red Zone Crown Offers

    Canterbury Earthquake Recovery Minister Gerry Brownlee has announced a process to give everyone a say on the Crown offers to owners of vacant, commercial/industrial and uninsured properties in the Residential Red Zone. More>>

    ALSO:

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
     
    Politics
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news