Clark Labour three terms — KiwiBank, Working for Families, Civil Union, anti-nuclear foreign policy

Doctrine — stated goals and content

Economic school: 'third way' social-democratic consolidation — partial reversal of Rogernomics-Ruth Richardson radicalism while retaining inflation-targeting, open-trade framework, and fiscal prudence (Cullen 'Super Fund'). Left-right axis: centre-left — pro-redistribution via Working for Families, pro-public-sector (KiwiBank, Kiwibank re- nationalisation of ACC work account, NZ Railways buyback 2004, Air New Zealand 2001 bailout), socially liberal (Civil Union Act 2004, prostitution decriminalisation 2003, foreshore and seabed 2004). Dated policies: Accident Insurance Amendment Act 1999 renationalising ACC work account; KiwiBank established 2002 as state-owned retail bank via NZ Post; Air NZ bailout + 82% stake October 2001; New Zealand Superannuation Fund ('Cullen Fund') established 2001; Working for Families package announced Budget 2004 (in-work tax credit, family tax credit expansion); Civil Union Act 2004 (recognition of same-sex unions); Prostitution Reform Act 2003; NZ-China FTA signed 7 April 2008 (first by a developed country with China); anti-nuclear stance maintained and Iraq War non-participation 2003. Popularity: three consecutive wins (1999, 2002, 2005); lost November 2008 to Key National (45% to 34% party vote). Coherence: high — the defining 'third way' government of NZ's 21st century.