Story: National Party

The 'mother of all budgets'

The 'mother of all budgets'

Prime Minister Jim Bolger and Finance Minister Ruth Richardson make their way to the House of Representatives for the presentation of the 1991 budget. Richardson was from the radical wing of the National Party, which promoted individual liberty and small government. This was reflected in the budget, which severely cut government spending, including on welfare. Richardson proudly proclaimed her plan as the 'mother of all budgets', but such was its unpopularity among voters that it – along with high levels of unemployment – nearly cost National the next election.

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New Zealand Herald
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How to cite this page:

Colin James, 'National Party - Shifting rightwards', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/33885/the-mother-of-all-budgets (accessed 27 July 2017)

Story by Colin James, published 20 Jun 2012, updated 13 Dec 2016