This excerpt from a 1986 episode of NZ TV’s longest running show comes from the heady pre-crash mid-80s when NZ farming was getting off the sheep’s back and diversifying to stay profitable in changing times. Here Robert Hall is stocking the “hard hill country” of a farm near Taumaranui with goats. Rather than hunting goats as pests, the young industry — fuelled by “large amounts of city money” — is attempting to farm them for their cashmere wool. It offers new opportunities for women in farming, but teething problems include low yields from feral animals.
Four-part series Revolution examined sweeping changes in New Zealand society that began in the 1980s. This third episode looks at the lurch of the Kiwi stock market from boom to bust in 1987, and the growing philosophical divide between the “head boys”: PM David Lange and finance minister Roger 'Rogernomics' Douglas. Within two months of the October 1987 stock market crash, $21 billion was lost from the value of NZ shares. Lange and Douglas give accounts of how their differing views on steering the NZ economy eventually resulted in both their resignations.
This episode of current affairs show Close Up offers a fascinating portrait of the early days of New Zealand's foreign exchange market. Reporter Ted Sheehan heads into "the pit" (trading room), and chronicles the working life of a senior forex dealer, 25-year-old accountancy graduate John Key. The "smiling assassin" (and future Prime Minister) is a calm and earnest presence amongst the young cowboys playing for fortunes and Porsches, months before the 1987 sharemarket crash. As Sheehan says, "they're like addicts who eat, breathe and sleep foreign exchange dealing".
This Richard Riddiford-directed comedic thriller plays out in pre-crash 80s Auckland with the CBD skyline changing daily, brick-sized phones, shadowy corporations on the rise and the share market on everyone's lips. With a second harbour crossing due to be announced, a telephone operator (future events maestro Mike Mizrahi) and a waitress moonlighting as a dominatrix (Lucy Sheehan) become ensnared in a web of corporate greed and blackmail. Chris Knox contributes the soundtrack, and extensive outdoor sequences include a memorable chase scene at Kelly Tarlton’s.