Roger Douglas became minister of finance in the fourth Labour government elected in July 1984 and presented budgets in that year and the following four years. Douglas was a passionate advocate of economic liberalisation, which he believed was necessary to make New Zealand, and in particular its business community, more productive. His first budget focused on tax reform and industry assistance. Sitting beside Douglas in this photograph is cabinet colleague Mike Moore.
Te whakamahi i tēnei tūemi
Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Photograph by Greg King
Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.