ACT New Zealand is a free market political party in New Zealand. Until the New Zealand general election, 2011 it was led by former National Party leader and Reserve Bank Governor Don Brash. The party's current leader is John Banks.
ACT now has one member of the Parliament of New Zealand, which is John Banks, a former two-term Auckland mayor and Police and Tourism ministers in the New Zealand National Party Bolger administrations of the nineties.
According to former party leader Rodney Hide, the party stands for "individual freedom, personal responsibility, doing the best for our natural environment and for smaller, smarter government in its goals of a prosperous economy, a strong society, and a quality of life that is the envy of the world".
The name comes from the ...
The ACT Party will support the Government's new legislation on covert surveillance, conditional on an urgent select-committee hearing.
The party's parliamentary leader, John Boscawen, says all five ACT MPs will vote for the bill's first reading and any support after that will be based on the legislation getting select-committee approval.
The Government is putting forward the bill in response to a Supreme Court ruling last week that the use of hidden cameras in the operation that culminated in the 2007 Urewera police raids was illegal.
Police have since suspended covert video surveillance, ...
The Government's decision to extend 90-day new-employee trials to all businesses was a suggestion of Act New Zealand and against the recommendation of its own Labour Minister Kate Wilkinson.
But Cabinet papers - released to The New Zealand Herald under the Official Information Act - show Ms Wilkinson pushed only for the 90-day trial to be extended to companies of up to 50 workers, and did not propose extending it to larger ones as they had "robust systems to undertake good recruitment and employment practices". Act NZ leader Rodney Hide said last night it was his party's idea to extend ...
Act MP Heather Roy has strong feelings about being dumped as deputy leader, but is burying them for the good of the party.Mrs Roy was rolled two weeks ago when the caucus voted in John Boscawen as the new deputy leader. She also lost her ministerial portfolios of consumer affairs, associate education and associate defence.
On Friday on her "Royters" blog, Mrs Roy said she was prepared to put a personally painful experience behind her for the sake of the party.
"I might (okay, I do!) have strong feelings about what happened, but in the real world what I personally feel about the ...
Taxation (Bright-line Test for Residential Land) Bill - Second reading DAVID SEYMOUR (Leader—ACT): The German Chancellor Bismarck said that those who like public policy and sausages should not observe either being made—and is this bill not a prime example of that. I regrettably support the Taxation (Bright-line Test for Residential Land) Bill because it is part of a Budget and part of a confidence and supply agreement, and I have been wholeheartedly convinced by the Opposition that it is certainly in the best interests of New Zealand for me to keep that agreement going. However, make no mistake, this bill is mediocre and poor public policy and let us count the ways and the reasons that that is the case.
First of all, it stems from a misdiagnosis of the reason that house prices are high. It stems from the belief that it is the demand side that is the problem not the supply side, and that a capital gains tax can successfully quell housing prices. Well, you only need to ask the people of Sydney, Vancouver, Los Angeles, or London whether or not a capital
Electricity Industry Amendment Bill - First reading
DAVID SEYMOUR (Leader—ACT): Could I begin by agreeing with some of my colleagues in paying tribute to Gareth Hughes for bringing what I believe is a well-intentioned bill. This House, at its best, exists to improve public policy for all New Zealanders, and I think that is what Mr Hughes has sought to do with this bill.
I have actually corresponded with him at some length about the bill and how it might work, and whether or not its intentions, which are good, might be matched by good results. I felt that, as Parliament’s only electrical engineer, I should come and explain why I think the results of Gareth Hughes’ bill may not match the good intentions.
I think the question that we should ask ourselves when making legislation or when we regulate as Ministers is: what is the problem definition? What is the market failure that we are seeking to allay by taking this action? As far as I can understand, there are a number of concerns that Mr Hughes has.
One is that there is collusion
Climate Change (Divestment from Fossil Fuels) Bill - First reading DAVID SEYMOUR (Leader—ACT): I rise on behalf of the ACT Party in opposition to this bill. [Interruption] I am sure Mr Nash will get up at some point, speak in favour of it, and reflect on that as he flies home for the weekend. I want to thank James Shaw for bringing a substantial bill with noble intentions to the House, but I have to say that I think it fails on a couple of measures.
He claims one of the advantages is that it is fiscally prudent for New Zealand investors not to invest in certain areas because they may end up with stranded assets. Now if it is true that James Shaw and the Green Party have that sort of foresight, in respect of the financial markets, I have got a simple solution for them: start shorting those assets. The Green Party could fund its entire campaign—it would not have to go and ask people for donations; it would not have to do fund-raising drives; it would not have to sell sausage sizzles or anything else; it could make all of its money just by shorting a