Arnold Nordmeyer

Arnold Nordmeyer

politician unknown

Arnold Nordmeyer was a New Zealand politician and a member of the Labour Party who served as Minister of Finance in the late 1950s. He is notably recognized for presenting the controversial 'Black Budget' in 1958, which introduced significant excise tax hikes on tobacco, alcohol, and petrol, aimed at addressing a severe fiscal deficit. His policies were met with public discontent and are often cited as pivotal in shaping New Zealand's economic history.

Born on May 01, 1913 (113 years old)

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New Zealand New Zealand: Labour Finance Minister Arnold Nordmeyer hiked excise taxes on cigarettes, alcohol and petrol. 4

Jenee Tibshraeny Sir Robert Muldoon Norman Kirk Sir Roger Douglas Ruth Richardson Sir Walter Nash Liam Dann Kelly Eckhold Jarrod Kerr
The New Zealand Herald – country’s largest newspaper, est. 1863: New Zealand’s top-five Budget bombshells ... plus, how can economists be so divided on the need for rate hikes – Inside Economics