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ACT New Zealand
ACT New Zealand (; ), also known as the ACT Party or simply ACT, is a Right-wing politics, right-wing, Classical liberalism, classical liberal, Right-libertarianism, right-libertarian, and Conservatism, conservative List of political parties in New Zealand, political party in New Zealand. It is currently led by David Seymour, and is in coalition with the New Zealand National Party, National and New Zealand First parties, as part of the Sixth National Government of New Zealand, Sixth National government. ''ACT'' is an acronym of the name of the Association of Consumers and Taxpayers, a pressure group that was founded in 1993 by former National Party MP Derek Quigley and former New Zealand Labour Party, Labour Party MP Roger Douglas, a figure of the New Right who served as Minister of Finance (New Zealand), minister of finance under the Fourth Labour Government of New Zealand, Fourth Labour Government. Douglas' Neoliberalism, neoliberal economic policies, dubbed Rogernomics, tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roger Douglas
Sir Roger Owen Douglas (born 5 December 1937) is a retired New Zealand politician, economist and accountant who served as a minister in two Labour governments. He is most recognised for his key involvement in New Zealand's radical economic restructuring in the 1980s, when the Fourth Labour Government's economic policy became known as " Rogernomics", which implemented neoliberal economic policies. Douglas served as a Labour Member of Parliament from 1969 to 1990. During his time as Minister of Finance (1984 to 1988), the government floated the New Zealand dollar, introduced corporate practices to state services, sold off state assets, and removed a swathe of regulations and subsidies. Some Labour Party supporters regarded Douglas's economic policies as a betrayal of Labour's left-wing policy-platform, and the moves became deeply unpopular with the public and with ordinary party members. His supporters defended the reforms as necessary to revive the economy, which had been tight ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily Tabloid (newspaper format), tabloid newspaper published in Sydney, Australia, and owned by Nine Entertainment. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and claims to be the most widely read masthead in the country. It is considered a newspaper of record for Australia. The newspaper is published in Compact (newspaper), compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, ''The Sun-Herald'' and digitally as an Website, online site and Mobile app, app, seven days a week. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand's Economy
New Zealand has a highly developed free-market economy. New Zealand's nominal GDP was NZD $425 billion. In the 2025 IMF rankings New Zealand was the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP). New Zealand has one of the most globalised economies and depends greatly on international trade, mainly with China, Australia, the European Union, the United States, Japan and Korea. New Zealand's 1983 Closer Economic Relations agreement with Australia means that the economy aligns closely with that of Australia. Among OECD nations, New Zealand has a highly efficient and strong social security system; social expenditure stood at roughly 19.4% of GDP. New Zealand's diverse economy is made up of various types of informal and formal organisations, divided between the public and private sectors. It has a sizeable service sector, accounting for 73% of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rogernomics
Rogernomics (a portmanteau of ''Roger'' and ''economics'' modelled on Reaganomics) were the neoliberal economic reforms promoted by Roger Douglas, the Minister of Finance between 1984 and 1988 in the Fourth Labour Government of New Zealand. Rogernomics featured market-led restructuring and deregulation and the control of inflation through tight monetary policy, accompanied by a floating exchange-rate and reductions in the fiscal deficit. Dalziel, Paul in Easton, Brian ed ''The Making of Rogernomics'' Auckland University Press 1989 p. 53 During the early 1980s, Douglas transitioned from a traditional Labour politician advocating for economic interventionism to a proponent of neoliberal economics. After the Labour Party won government in 1984, Douglas and his associates implemented major policies including a 20% devaluation of the dollar, corporatisation of state-owned business, removal of subsidies to industries (particularly agricultural subsidies), reduction of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoliberalism
Neoliberalism is a political and economic ideology that advocates for free-market capitalism, which became dominant in policy-making from the late 20th century onward. The term has multiple, competing definitions, and is most often used pejoratively. In scholarly use, the term is often left undefined or used to describe a multitude of phenomena. However, it is primarily employed to delineate the societal transformation resulting from market-based reforms. Neoliberalism originated among European liberal scholars during the 1930s. It emerged as a response to the perceived decline in popularity of classical liberalism, which was seen as giving way to a social liberal desire to control markets. This shift in thinking was shaped by the Great Depression and manifested in policies designed to counter the volatility of free markets. One motivation for the development of policies designed to mitigate the volatility of capitalist free markets was a desire to avoid repeating the eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fourth Labour Government Of New Zealand
The Fourth Labour Government of New Zealand governed New Zealand from 26 July 1984 to 2 November 1990 (the period up to 8 August 1989 is also called the Lange Government). It was the first Labour government to win a second consecutive term since the First Labour Government of 1935 to 1949. The policy agenda of the Fourth Labour Government differed significantly from that of previous Labour governments: it enacted major social reforms (such as legalising homosexual relations) and economic reforms (including corporatisation of state services and reform of the tax system). The economic reforms became known as " Rogernomics", after Finance Minister Roger Douglas. According to one political scientist: The Labour government also enacted nuclear-free legislation, which led to the United States suspending its treaty obligations to New Zealand under the ANZUS alliance. David Lange led the government for most of its two three-year terms in office. Lange and Douglas had a fallin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (New Zealand)
The minister of Finance (), originally known as colonial treasurer, is a minister and the head of the New Zealand Treasury, responsible for producing an annual New Zealand budget outlining the government's proposed expenditure. The position is often considered to be the most important cabinet post after that of the prime minister. The current Minister of Finance is Nicola Willis. There are currently three associate minister roles held by Chris Bishop, David Seymour, and Shane Jones. Responsibilities and powers One of the Minister of Finance's key roles involves the framing of the annual year budget. According to Parliament's Standing Orders, the Minister of Finance may veto any parliamentary bill which would have a significant impact on the government's budget plans. The Minister of Finance supervises the Treasury, which is the government's primary advisor on matters of economic and financial policy. As such, the Minister of Finance has broad control of the governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. The ''Herald''s publications include a daily paper; the ''Weekend Herald'', a weekly Saturday paper; and the ''Herald on Sunday'', which has 365,000 readers nationwide. The ''Herald on Sunday'' is the most widely read Sunday paper in New Zealand. The paper's website, nzherald.co.nz, is viewed 2.2 million times a week and was named Voyager Media Awards' News Website of the Year in 2020, 2021, 2022, and 2023. In 2023, the ''Weekend Herald'' was awarded Weekly Newspaper of the Year and the publication's mobile application was the News App of the Year. Its main circulation area is the Auckland R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sixth National Government Of New Zealand
The Sixth National Government is a coalition government comprising the National Party, ACT Party and New Zealand First that has governed New Zealand since November 2023. The government is headed by Christopher Luxon, the National Party leader and prime minister, along with coalition party leaders David Seymour and Winston Peters. Following the 2023 general election on 14 October 2023, coalition negotiations between the three parties ended on 24 November, and ministers of the new government were sworn in by the Governor-General on 27 November. The coalition government has agreed to a select committee with the possibility of amending the Treaty of Waitangi legislation, affirm local referendums on Māori wards, and prioritise English over the Māori language in Government departments. On broader issues, the government's plan includes restoring interest deductibility for rental properties, changes in housing policies, infrastructure investment, conservative law and justi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand First
New Zealand First (), commonly abbreviated to NZ First or NZF, is a political party in New Zealand, founded and led by Winston Peters, who has served three times as Deputy Prime Minister of New Zealand, deputy prime minister. The party has formed coalition governments with both major political parties in New Zealand: with the New Zealand National Party from 1996 to 1998 and 2023 to present, and with the New Zealand Labour Party from 2005 to 2008 and 2017 to 2020. New Zealand First currently serves in a coalition government with both National and ACT New Zealand as part of the Sixth National Government of New Zealand, Sixth National government, having won 6.08% of the total party vote in the 2023 New Zealand general election. New Zealand First was formed shortly before the 1993 New Zealand general election, following the resignation of Winston Peters as the National Party MP for Tauranga after criticising the party's Neoliberalism, neoliberal Ruthanasia, economic policies. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand National Party
The New Zealand National Party (), often shortened to National () or the Nats, is a Centre-right politics, centre-right List of political parties in New Zealand, political party in New Zealand that is the current senior ruling party. It is one of two major parties that dominate contemporary New Zealand politics, alongside its traditional rival, the New Zealand Labour Party, Labour Party. National formed in 1936 through amalgamation of conservative and Liberalism, liberal parties, Reform Party (New Zealand), Reform and United Party (New Zealand), United respectively, and subsequently became New Zealand's second-oldest extant political party. National's predecessors had previously formed United–Reform Coalition, a coalition against the growing labour movement. National has governed for six periods during the 20th and 21st centuries, and has spent more List of New Zealand governments, time in government than any other New Zealand party. After the 1949 New Zealand general electio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
