Parliament

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

 

Trans-Tasman wage gap widens, as NZ becomes more unequal

Phil
GOFF
Labour Leader
18 November 2011 MEDIA STATEMENT
Trans-Tasman wage gap widens, as New Zealand becomes more unequal society

New data released in Australia yesterday shows the wage gap with New Zealand has widened to over $34 since National took office, Labour leader Phil Goff says.

“Australian Bureau of Statistics, Average Weekly Earnings data confirms another of John Key’s broken promises made before the last election,” Phil Goff said.

“The wage gap is calculated using the same methodology as used by John Key in a document he tabled in Parliament last July. By his own measure, he has failed.

“While the gap with Australia grows, so too does the wealth gap in New Zealand after three years of a National government.

• This week it was reported that Westpac NZ CEO’s remuneration package was valued at $5.4 million. This is the second year in a row his remuneration has topped $5 million, and is more than 100 times the average wage, and almost 200 times the minimum wage;
• CEO pay rises averaged 14 per cent in 2010;
• For everyone else, wages increased by 2% last year;
• The country’s 151 richest increased their collective wealth by $7 billion in the past year (up from $38.2b to $45.2b);
• Cost have risen four times fast than wages over the past three years;
• GST was increased to 15%, while the top 10% of income earners received $6 billion in tax cuts (40% of the tax cuts total).

“Under National, all but the already well-off have gone backwards, and National’s plan to sell our assets will make the problem worse.

“National’s asset sales programme will shift wealth away from middle and low income Kiwis.

“Even among the Kiwis who are lucky enough to get a sniff of shares under the Australian bank-run sales process, only a small percentage will be able to afford them.

“Meanwhile, profit-hungry overseas corporates will ramp up power prices if they are allowed to get their hands on our power companies.

“Labour wants New Zealanders to get ahead. That’s why we have bold and strong policies for growth and jobs.

“But unlike National, we will not stand back while middle and low income Kiwis fall further behind.

“We will make the first $5000 a year each person earns tax free, remove GST from fresh fruit and veges, lift the minimum wage to $15 an hour and have committed to lifting 100,000 children out of poverty,” Phil Goff said.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Fair Pay Agreements Should Be Embraced

Are Fair Pay Agreements (FPAs) truly the work of the devil? Given the vehement response to them last week by (a) employer groups and (b) by their parliamentary friends on the extreme right, you could be forgiven for thinking these FPA things will mean curtains for commerce as we’ve known it for the past 30 years. Believe me, they won’t. Less excitable types will regard FPAs as heralding only a mild shift towards a more centralised form of bargaining over wages and conditions, much akin to what other successful economies (eg Germany) have recognised for decades... More>>

 

Government: Further Action Against Gang Crime

The Government will make it illegal for high risk people to own firearms by introducing Firearms Prohibition Orders (FPOs) that will strengthen action already taken to combat the influence of gangs and organised crime to help keep New Zealanders and their ... More>>

ALSO:

Maori Party: Whakatōhea High Court Decision

“We applaud the Whakatōhea High Court case that has now set a precedent for Māori rights and interest in their foreshore and seabed. It’s an outstanding decision because the Court recognises all reclaimed lands with significant and boating traffic” ... More>>

ALSO:

Judith Collins: Speech To Lower North Island Regional Conference

Good morning, delegates. It’s an absolute privilege to be speaking to you all here today as your leader. I’d like to acknowledge National Party President Peter Goodfellow, my fellow board members, my lower North Island colleagues and all of ... More>>

PM: Statement On The Speaker And Annual Review Debate

“The serious issue of alleged sexual assault and harassment at Parliament was poorly managed and inappropriately politicised last night. The tone of the debate did not reflect well on Parliament as a whole,” Prime Minister Jacinda Ardern said. ... More>>

Parliament: Mallard Fails To Give Taxpayers A Straight Answer

Trevor Mallard has confirmed he is unfit to be Parliament’s Speaker by failing to answer several important questions relating to the false rape accusation saga that cost taxpayers more than $330,000, Shadow Leader of the House Chris Bishop says. ... More>>

Local Government: Independent Review To Explore Future

Local Government Minister Nanaia Mahuta says an independent review of local government will explore how councils can maintain and improve the wellbeing of New Zealanders in the communities they serve long into the future. More>>

ALSO:

PM Ardern And PM Morrison: Commencement Of Two-Way Quarantine-Free Travel Between Australia And New Zealand

Joint Statement by Prime Ministers Scott Morrison and Jacinda Ardern Commencement of two-way quarantine-free travel between Australia and New Zealand Today, Australia and New Zealand have fulfilled their commitment to establish two-way quarantine free ... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels