NZ inequality at highest level -

NZ inequality at highest level

Friday, August 24th, 2012

Household incomes dropped and inequality rose to its highest level ever in New Zealand last year, a Ministry of Social Development report shows.

The Household Incomes Report measuring the wellbeing of New Zealanders by their total after-tax takings has revealed a fall in average incomes for the first time since the early 1990s.

It shows the gap between rich and poor widened substantially in 2011, putting inequality at its highest level ever.

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News category: New Zealand.

Tags: income inequality in nz, Poverty, Social justice

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