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ThreeMonkeys AndMe @We3forDemocracy
, 3 tweets, 2 min read Read on Twitter
28 per cent of all wealth created in New Zealand in 2017 went to the richest 1 per cent of Kiwis. While the 1.4 million people who make up the poorest 30 per cent of the population got barely 1 per cent, according to research released by Oxfam

oxfam.org.nz/news/richest-1…
The research also reveals that 90 per cent of New Zealand owns less than half the nations wealth.

When extremely wealthy multinationals are encouraged to come to NZ - but only employ people they bring in, or those of their ethnicity, and export their profit, what benefit is that
Two NZ men owned more wealth than the poorest 30 per cent of the adult NZ population in 2017

Graeme Hart, NZ’s richest man, has increased his fortune by US$3.1 billion in 2017 to US$9.5 billion (up from $US6.4 in 2016).

Hart profits from cost-cutting (incl restructuring)😏
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