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Story: Government and industrial development

Industry incentives, 1960s

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Industry incentives, 1960s

Incentives for industry had become an accepted part of the tax system by 1969, when a healthy surplus in overseas-exchange transactions prompted this cartoon by Nevile Lodge. At the bottom a wage earner struggles to hold a producer-exporter and Prime Minister Robert Muldoon aloft. While Muldoon beams at the surplus and the manufacturer pockets a tax rebate, the wage earner stares desperately at a brick wall.

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Alexander Turnbull Library

Reference: B-133-413

by Nevile Lodge

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.

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How to cite this page

Megan Cook, Government and industrial development – Intervention, 1960s and 1970s, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/en/cartoon/25866/industry-incentives-1960s (accessed 4 June 2026).

Story by Megan Cook, published 23 February 2010.