yeah didn't the 80s labour party swing to the right ? Sold of all the govt owned assets....among other things
does this sound left wing to you?
- A range of economic reforms collectively known as Rogernomics.[2] These included:
- Floating the New Zealand dollar.
- Removing all agricultural subsidies.[2]
- Introducing GST (Goods and Services Tax).
- New banks were allowed.[3]
- Reducing income and company tax.[2]
- Removing controls on foreign exchange.
- Abolishing or reducing import tariffs.
- Corporatising many State owned enterprises such as the Post Office, Telecom and Air New Zealand to be more like private businesses. Some of these were later privatised.
- Disestablishing the NZ Forest Service and sold the forests.[4]
- Abolishing price controls and interest rate control.
- Privatised state assets, such as New Zealand Steel.[2]
- Enabling the Reserve Bank to autonomously pursue an inflation target.
- Improving the reporting and accountability for government expenditure (Public Finance Act 1989).
