{"id":22266,"date":"2020-08-31T08:50:08","date_gmt":"2020-08-30T23:50:08","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/aug\/31\/new-zealands-astounding-wealth-gap-challenges-our-fair-go-identity"},"modified":"2020-08-31T08:50:08","modified_gmt":"2020-08-30T23:50:08","slug":"new-zealands-astounding-wealth-gap-challenges-our-fair-go-identity-max-rashbrooke","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=22266","title":{"rendered":"New Zealand&#8217;s astounding wealth gap challenges our &#8216;fair go&#8217; identity |  Max Rashbrooke"},"content":{"rendered":"<p>New data shows the richest 1% are worth 68 times more than a typical New Zealander<\/p>\n<p>The extent of wealth inequality in supposedly egalitarian New Zealand has been laid bare by figures showing the wealthiest individuals have over NZ$140bn (US$93bn) stashed away in trusts \u2013 and overall have nearly 70 times more assets than the typical Kiwi.<\/p>\n<p>The new data, drawn from the 2017-18 Household Economic Survey, are likely to underestimate true inequality, as the ultra-wealthy are generally reluctant to take part in such surveys.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/aug\/31\/new-zealands-astounding-wealth-gap-challenges-our-fair-go-identity\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New data shows the richest 1% are worth 68 times more than a typical New ZealanderThe extent of wealth inequality in supposedly egalitarian New Zealand has been laid bare by figures showing the wealthiest individuals have over NZ$140bn (US$93bn) stashe&#8230;<\/p>\n","protected":false},"author":705,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,1203,56,958],"tags":[],"class_list":["post-22266","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-inequality","category-new-zealand","category-poverty"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/705"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22266"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22266\/revisions"}],"predecessor-version":[{"id":22268,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22266\/revisions\/22268"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}