Oxfam’s Commitment to Reducing Inequality Index shows that three quarters of governments are doing less than half of what they could be doing to tackle inequality and New Zealand finishes a lowly 30th in the world rankings according to a new global index published by Oxfam and Development Finance International. The Index is not a measure of inequality but it ranks governments on their commitment to tackle inequality and the over-arching message is that tackling inequality is about political will: Government choices do matter!
Overall New Zealand is ranked 30th out of 152 countries in its commitment to reduce inequality and our current tax policy is the culprit. NZ ranks 115 out of 152 countries in the progressivity of its tax policy (and 30th out of 35 OECD countries). This means that there are 114 countries with more progressive tax policies. This indicator looks at the tax structure, the impact of tax on inequality and potential tax revenue available. The CRI index does not currently include data on wealth taxes, an area where NZ is particularly out of step with other developed countries. NZ would appear worse in this index if wealth taxes were captured in this analysis. Full article here.
In New Zealand, income gaps have widened faster in the last 30 years than almost anywhere else in the developed world. That makes the country more divided and less healthy, and strikes at the idea of equal opportunities or the ‘fair go’ for everyone. And the public knows it: the polling depicted above shows inequality is the number one issue for New Zealanders.
According to May 2017 research from Roy Morgan, poverty and the gap between rich and poor is the single biggest issue of concern to New Zealander’s at present. New in-depth research exploring the concerns of New Zealanders both in New Zealand and globally found New Zealanders, like Australians, are concerned about war and terrorism on the global front. But at home in the run-up to this year’s election it’s all about the economy especially housing affordability, housing shortages, cost of living, inflation, unemployment and homelessness. (Roy Morgan New Zealand, 3 July 2017)
The Equality Network brings together the groups who are responding to this concern by campaigning to reduce income inequality and create greater well-being and life chances for all. Our profound belief is that in a more equal society, everyone is better off.
This site has everything you need to know about our vision, our members’ successes to date, and the actions our members are taking. We’d love you to join us and help make New Zealand a fair and healthier place for everyone.