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Income and wealth imbalances, the damage they do, and how to address them

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Inequality is a corrosive force, like rust. Big income and wealth imbalances eat away at trust and empathy, making the country less healthy and less united. They also leave some people with much greater opportunities than others. In New Zealand, income imbalances widened faster in the 1980s and 1990s than in any other developed nation. The wealthiest tenth own more than half of all wealth. This is the result of deliberate policy choices that could be reversed. In doing so we would create a country in which people recognise each other as equals and can come together to tackle common problems. Find out more here.

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