[incompatible]

Alright, Marilyn Waring defected over a nuclear ships bill, but I don't think it passed under that government since Muldoon called an election instead. Muldoon ran the county practically as his personal socialist republic, Think Big, massive borrowing in foreign currencies, restrictions on foreign currency conversion, banking, wage and prices freezes, subsidies to farmers, generous welfare benefits, you name it. Lange's government was forced to float the dollar as their first act, since propping it up was no longer feasible. Their deregulation and privatisation had the (in hindsight) predictable effect of blowing up a bubble of leveraged property speculation, which came to a sudden end in the 1987 sharemarket crash. Good times!

[Taniwha]

Yes we agree - the Nuclear free moment led to an election, the actual law was finally passed by the new govt.

I headed off on my OE the day after Marilyn Waring crossed the floor, by the time I arrived in the US and had opened a bank account my (still in NZ) savings were worth less than half ... not a fan of the National Party 's economic savvy