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Mother Of All Budgets
The Mother of all Budgets was the nickname given to the 1991 New Zealand budget. It was the first budget delivered by the new National Party Minister of Finance Ruth Richardson and formed the catalyst of her economic reforms known in the media as "Ruthanasia". Background Richardson was a member of a wing of the National Party that emphasised small government and personal liberty. She worked closely with Minister of Social Welfare Jenny Shipley on the 1991 budget, which Richardson proclaimed the 'mother of all budgets'. The budget cut spending on many of the welfare state institutions established in the 1930s by the First Labour Government. The unemployment benefit was cut by $14.00 a week, sickness benefit by $27.04, families benefit by $25.00 to $27.00 and universal payments for family benefits were completely abolished. Richardson also introduced many user pays requirements in hospitals and schools, services previously free to the populace and paid for by the government. Publi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand National Party
The New Zealand National Party ( mi, Rōpū Nāhinara o Aotearoa), shortened to National () or the Nats, is a centre-right political party in New Zealand. 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 five periods during the 20th and 21st centuries, and has spent more List of government formations of New Zealand, time in government than any other New Zealand party. After the 1949 New Zealand general election, 1949 general election, Sidney Holland became the first Prime M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mixed Member Proportional Representation
Mixed-member proportional representation (MMP or MMPR) is a mixed electoral system in which votes cast are considered in local elections and also to determine overall party vote tallies, which are used to allocate additional members to produce or deepen overall Proportional representation. In some MMP systems, voters get two votes: one to decide the representative for their single-seat constituency, and one for a political party. In Denmark and others, the single vote cast by the voter is used for both the local election (in a multi-member or single-seat district), and for the overall top-up. Seats in the legislature are filled first by the successful constituency candidates, and second, by party candidates based on the percentage of nationwide or region-wide votes that each party received. The constituency representatives are usually elected using first-past-the-post voting (FPTP) but the Scandinavian countries have a long history of using both multi-member districts (membe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1991 In Economics
File:1991 Events Collage.png, From left, clockwise: Boris Yeltsin, elected as Russia's first president, waves the new flag of Russia after the 1991 Soviet coup d'état attempt, orchestrated by Soviet hardliners; Mount Pinatubo erupts in the Philippines, making it the second-largest volcanic eruption of the 20th century; MTS Oceanos sinks off the coast of South Africa, but the crew notoriously abandons the vessel before the passengers are rescued; Dissolution of the Soviet Union: The Soviet flag is lowered from the Kremlin for the last time and replaced with the flag of the Russian Federation; The United States and soon-to-be dissolved Soviet Union sign the START I Treaty; A tropical cyclone strikes Bangladesh, killing nearly 140,000 people; Lauda Air Flight 004 crashes after one of its thrust reversers activates during the flight; A United States-led coalition initiates Operation Desert Storm to remove Iraq and Saddam Hussein from Kuwait, 300x300px, thumb rect 0 0 200 200 1991 So ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1991 In Politics
File:1991 Events Collage.png, From left, clockwise: Boris Yeltsin, elected as Russia's first president, waves the new flag of Russia after the 1991 Soviet coup d'état attempt, orchestrated by Soviet hardliners; Mount Pinatubo erupts in the Philippines, making it the second-largest volcanic eruption of the 20th century; MTS Oceanos sinks off the coast of South Africa, but the crew notoriously abandons the vessel before the passengers are rescued; Dissolution of the Soviet Union: The Soviet flag is lowered from the Kremlin for the last time and replaced with the flag of the Russian Federation; The United States and soon-to-be dissolved Soviet Union sign the START I Treaty; A tropical cyclone strikes Bangladesh, killing nearly 140,000 people; Lauda Air Flight 004 crashes after one of its thrust reversers activates during the flight; A United States-led coalition initiates Operation Desert Storm to remove Iraq and Saddam Hussein from Kuwait, 300x300px, thumb rect 0 0 200 200 1991 So ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Budgets
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront Ai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1991 In New Zealand
The following lists events that happened during 1991 in New Zealand. Population * Estimated population as of 31 December: 3,516,000. * Increase since 31 December 1990: 40,900 (1.18%) Note that there is a discontinuity between the 1990 and 1991 figures aStatistics NZswitched from using the de facto population concept testimated resident population * Males per 100 Females: 99.7 Incumbents Regal and viceregal *Head of State – Elizabeth II *Governor-General – The Hon Dame Catherine Anne Tizard, GCMG, GCVO, DBE, QSO Government The 43rd New Zealand Parliament continued. Government was The National Party, led by Jim Bolger. National controlled nearly seventy percent of the seats in Parliament. *Speaker of the House – Robin Gray *Prime Minister – Jim Bolger *Deputy Prime Minister – Don McKinnon *Minister of Finance – Ruth Richardson *Minister of Foreign Affairs – Don McKinnon * Chief Justice — Sir Thomas Eichelbaum Parliamentary opposition * Leader of the Oppositio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grant Robertson
Grant Murray Robertson (born 30 October 1971) is a New Zealand politician and member of the Labour Party who has served as the 19th deputy prime minister of New Zealand since 2020 and the minister of Finance since 2017. He has served as Member of Parliament (MP) for since 2008. Robertson maintained and competed for several leadership positions during the party's stint in opposition following the end of the Fifth Labour Government. He was elected Labour's deputy leader in 2011 under leader David Shearer, and contested the leadership of the party in both 2013 and 2014. Subsequently, Robertson was named the party's Finance spokesperson and was ranked third on Labour's party list. Prime Minister Jacinda Ardern appointed him to the Finance portfolio in the Sixth Labour Government of New Zealand, Sixth Labour Government. As Finance minister, Robertson has been prominent in the government's economic response to the COVID-19 pandemic in New Zealand. Following the 2020 New Zeala ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sixth Labour Government Of New Zealand
The Sixth Labour Government has governed New Zealand since 26 October 2017. It is headed by Jacinda Ardern, the Labour Party leader and prime minister. Following the 2017 general election held on 23 September, the New Zealand First party held the balance of power between the sitting centre-right National Party government, and the left bloc of the Labour and Green parties. Following negotiations with the two major parties, New Zealand First leader Winston Peters announced on 19 October 2017 that his party would form a coalition government with Labour. That same day, Green Party leader James Shaw announced that his party would give confidence and supply support to the 55-seat Labour–NZ First government. The Greens' support, plus the coalition, resulted in 63 seats to National's 56—enough to ensure that Ardern maintained the confidence of the House. Three years later, Labour went on to a landslide victory in the 2020 general election with 50% of the vote and 65 seats, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2021 New Zealand Budget
Budget 2021 is the New Zealand budget for fiscal year 2021/22, presented to the House of Representatives by Finance Minister Grant Robertson on 20 May 2021 as the fourth budget presented by the Sixth Labour Government. This budget occurs after a year of several lockdowns due to the COVID-19 pandemic in New Zealand and focuses on economic recovery. Background The budget is for the fiscal year from 1 July 2021 to 30 June 2022. This is the fourth budget of the Sixth Labour Government and the first budget of Labour's second term in office, in which they have a parliamentary majority, making this the first budget where the Labour Party has been the sole party behind the creation of the budget. The impact of COVID-19 on the economy has led to an increase in government borrowing, with government debt expected to hit NZ$166.2 billion by the end of the 2020/21 fiscal year; before the pandemic it was at $57.7 billion. The 2020/21 fiscal year ends with a forecasted budget deficit of $ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand First
New Zealand First ( mi, Aotearoa Tuatahi), commonly abbreviated to NZ First, is a nationalist and populist political party in New Zealand. The party formed in July 1993 following the resignation on 19 March 1993 of its leader and founder, Winston Peters, from the then-governing New Zealand National Party, National Party. Peters had been the sitting Member of Parliament for Tauranga (New Zealand electorate), Tauranga since 1984 and would use the electorate as the base for New Zealand First until consecutive defeats by National Party candidates in Tauranga (New Zealand electorate)#2005 election, 2005 and Tauranga (New Zealand electorate)#2008 election, 2008. His party has formed coalition governments with both major political parties in New Zealand: first with the National Party from 1996 to 1998 and then with the New Zealand Labour Party, Labour Party from 2005 to 2008 and from 2017 to 2020. Peters has served on two occasions as Deputy Prime Minister of New Zealand, deputy prime m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance (New Zealand Political Party)
The Alliance was a left-wing political party in New Zealand. It was formed at the end of 1991 by the linking of four smaller parties. The Alliance positioned itself as a democratic socialist alternative to the centre-left New Zealand Labour Party. It was influential throughout the 1990s, but suffered a major setback after its founder and leader, Jim Anderton, left the party in 2002, taking with him several of its members of parliament (MPs). After the remaining MPs lost their seats in the 2002 general election, some commentators predicted the demise of the party. The Alliance stood candidates in the 2005 general election but won less than 1% of the party vote. It contested Auckland City Council elections under the City Vision banner, in concert with the New Zealand Labour Party and Green Party. The Alliance ran 15 electorate candidates and a total of 30 candidates on the party list in the 2008 general election, increasing its party vote marginally from that in 2005. It was d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand General Election, 1996
The 1996 New Zealand general election was held on 12 October 1996 to determine the composition of the 45th New Zealand Parliament. It was notable for being the first election to be held under the new mixed-member proportional (MMP) electoral system, and produced a parliament considerably more diverse than previous elections. It saw the National Party, led by Jim Bolger, retain its position in government, but only after protracted negotiations with the smaller New Zealand First party to form a coalition. New Zealand First won a large number of seats—including every Māori electorate, traditionally held by Labour. Its position as "kingmaker", able to place either of the two major parties into government, was a significant election outcome. Under the new MMP system, 65 members were elected in single-member districts by first-past-the-post voting, while a further 55 "top-up" members were allocated from closed lists to achieve a proportional distribution based on each party's sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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