Libertarian David Seymour’s party could prove critical in deciding the next New Zealand government after weekend elections.
| The outspoken leader of a right-wing minor party that will prove critical in deciding the next New Zealand government believes parallels exist between his movement and the Teal wave that swept across Australia.
“Around the world, people feel that in order to pay low taxes, they’ve got to vote for people who have quite antiquated moral views or, in order to be socially progressive, vote for someone who is probably going to crash the economy,” he said..
ACT, which stands for Association of Consumers and Taxpayers, was formed in 1993 by former National MP Derek Quigley and former Labour MP Roger Douglas who also served as finance minister. Mr Douglas’ neoliberal economic policies, nicknamed Rogernomics, transformed New Zealand’s economy from a protectionist to a more market and open-trade one via extensive deregulation.
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