NZ in top 10 countries for income disparity
9:00AM Thursday Oct 22, 2009

Several of the world's wealthiest countries also lay claim to a title they would not be so proud of - the biggest gaps between rich and poor.

A United Nations global study was recently conducted on the topic of 'income inequality' worldwide.

Hong Kong, Singapore and the United States, all touted during the last century as economic success stories (barring the recent financial meltdown on Wall St!), top the list of those countries whose gaps are the widest.

Hong Kong, noted for garish shows of ostentatious wealth, also features poverty-stricken housing estates where almost half the population live.

There is also no 'minimum wage' policy in Hong Kong.

More here.