Events In History
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1 April 1987State-owned enterprises are born
The State-owned Enterprises Act heralded a major overhaul of the public sector and was a key part of the strategy of economic liberalisation known as 'Rogernomics'. Read more...
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1 October 1986Goods and Services Tax Act introduced
Adding 10 per cent to the cost of most goods and services, GST was a key part of the economic reforms of the fourth Labour government – dubbed ‘Rogernomics’ after Minister of Finance Roger Douglas. Read more...