Rare

ACT New Zealand

New Zealand political party

ACT New Zealand

Rare card · No. 36928

ACT New Zealand (Māori: Rōpū ACT), also known as the ACT Party or simply ACT, is a right-wing, classical liberal, right-libertarian, and conservative political party in New Zealand. It is currently led by David Seymour. 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 Labour Party MP Roger Douglas, who served as minister of finance under the Fourth Labour Government. Douglas' neoliberal economic policies, dubbed Rogernomics, transformed New Zealand's economy from a protectionist one into a free market through extensive deregulation. After Labour lost the 1990 election and its neoliberal faction lost influence, ACT was built mostly by Douglas' former party supporters as a new political party for 1996. The introduction of proportional representation gave minor parties a greatly increased chance of getting into parliament. Former Labour MP Richard Prebble won the safe...

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