This cartoon, in the form of a $1 stamp, shows the suburban post office under siege from a series of armaments. The cartoon referred to the expectation at that time that the Labour government, influenced by 'new right' ideas of the free market, would deregulate the postal system, with the loss of smaller rural and suburban offices. As expected, the State Owned Enterprises Act, passed in 1986, allowed for the corporatisation of some government activities. In 1987 the old Post Office was split up into New Zealand Post Limited, the Telecom Corporation of New Zealand and PostBank Limited.