MSD’s annual release of the Material Wellbeing of New Zealand Households is a bit like Christmas for us here at The New Zealand Initiative. The compilation of statistics on poverty, inequality, incomes and everything-in-between is a fantastic contribution to the literature.
Given the range of measures used, it is disappointing when some organisations or commentators simply cherry pick the most depressing statistic they can find. That statistic is normally an After Housing Cost measure that shows inequality is increasing. We put out a press release today pointing out that what is normally cast as an inequality story is actually a story about unaffordable housing:
Shared growth, stable income inequality, but housing worries: latest MSD report on household incomes
Wellington (8 September 2016): Despite daily headlines of rising inequality, the latest figures from the Ministry of Social Development show broad and inclusive growth in household incomes and stable income inequality trends, says The…
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