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".
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 “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.
80s show Close Up had a similar brief to earlier current affairs show Compass: to present mini-documentaries on topical local issues. Stories in the primetime hour-long slot were wide-ranging, from hard news to human interest pieces, including a profile of 25-year-old foreign exchange dealer, future-Prime Minister, John Key. The show won Feltex Awards for most of the years that it was on air. Close Up is not related to the post-nightly news show of the same name, which was hosted by Mark Sainsbury until 2012.
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.
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.
One of NZ television's more notorious episodes, the 1987 Gofta Awards start promisingly with an extended montage of Auckland scenes (just before the share market crash) but it's downhill from there. Presenters Leeza (Entertainment This Week) Gibbons and Nic Nolan look bizarre in silver suits; an underfed and over excited audience grows more and more vocal; special guest John Inman (Mr Humphries from UK sitcom Are You Being Served?) is heckled; and things come badly unstuck as timing issues see winners turned away as they try to collect their awards.
Eating Media Lunch satirised mainstream media, from "issues of the day" journalism to reality TV to the society pages (lampooned in the "celebrity share market index index"). No fish was too big or barrel too small. Presenter Jeremy Wells kept a straight face over seven seasons of often controversial episodes, while investigating issues inexplicably missed by other media (eg the porno film made in Taranaki and shot in te reo, or ritalin-fueled reality programme Medswap). EML's seventh season won Best Comedy Programme at the 2008 Qantas Film and Television Awards.
Producer/director Michael Firth first made his mark directing ski movie Off the Edge. A key early film in the NZ 'new wave', the documentary earned an Academy Award nomination in 1977. Firth went on to direct dramatic features Sylvia, Heart of the Stag and Vulcan Lane. But he loved the outdoors best: he went off the edge again in 1987 with zany adventure movie The Leading Edge, and was behind internationally successful TV series Adrenalize and fishing show Take the Bait.
Mortimer’s Patch was a popular drama series following Detective Sergeant Doug Mortimer (Terence Cooper) at work in the town of Cobham. Mortimer plays a city cop returning to his rural roots; Don Selwyn is Sergeant Bob Storey. The series was NZ’s first police drama, and a rare local drama to top ratings. Mortimer's Patch was made when the archetype of the ‘community cop’ everyone knew was still a powerful one, and it was a counterweight to the faceless riot policing of the Springbok Tour. Three series were made.
This best of special culls history and highlights from 40 seasons of the longest running show on NZ television. Farming, forestry and fishing are all on the roster, but this edition is as much about observing people and the land. There is footage of high country musters, helicopter deer capture, floods and blizzards, as well as radio-controlled dogs and mice farmers. Longtime Country Calendar figures like John Gordon and Tony Trotter share their memories, and the show sets out to catch up again with some of the colourful New Zealanders that have featured on screen.