Welfare for Business

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Bailouts by NZ Taxpayers include:

  • AMI $500 Million
  • Canterbury Finance $1.2 Billion
  • Western Pacific
  • South Canterbury
  • Allied Nationwide $130 Million
  • Equitable Mortgage $188 Million
  • Mascot
  • Strata
  • Vision Securities
  • Rockford
  • Viaduct Capita
  • Mutual Finance
  • Air NZ $855 Million
  • BNZ $ 1 Billion (early 1990’s) – BNZ just made $298 Million in six months