the preservation of a strong right-wing in Israel. Netherlands The New Right (NR) was the name of a far-right/nationalist political party in the Netherlands from 2003 to 2007. The Party for Freedom (PVV), founded in 2005 and led by Geert Wilders, also is a New Right movement. Since March 2017, Forum voor Democratie is another New Right party in the Dutch parliament. New Zealand In New Zealand, as in Australia, it was the Labour Party that initially adopted New Right economic policies. Rogernomics involved monetarist approaches to controlling inflation, corporatisation of government departments, and the removal of tariffs and subsidies, while the party also pursued social liberal stances such as decriminalisation of male homosexuality, pay equity for women and adopting a nuclear-free policy. This meant temporary realignment within New Zealand politics, as New Right middle-class voters voted Labour at the 1987 New Zealand general election in approval of its economic policies. At first, Labour corporatised many former government departments and state assets, then emulated the Conservative Thatcher administration and privatised them altogether during Labour's second term of office. However, recession and privatisation together led to increasing strains within the Labour Party, which led to schism, and the exit of Jim Anderton and his NewLabour Party, which later formed part of the Alliance Party with the Greens and other opponents of New Right economics. However, dissent and schism were not to be limited to the Labour Party and Alliance Party alone. During the Labour Party's second term in office, the Opposition New Zealand National Party (popularly known as National) selected Ruth Richardson as Opposition finance spokesperson, and when National won the 1990 general election, Richardson became Minister of Finance, while Jenny Shipley became Minister of Social Welfare. Richardson introduced deunionisation legislation, known as the Employment Contracts Act, in 1991, while Shipley presided over social welfare benefit cuts, designed to reduce welfare dependency – both core New Right policy initiatives. In the early 1990s, maverick National Party MP Winston Peters also came to oppose New Right economic policies, and led his elderly voting bloc out of the National Party. As a result, his New Zealand First anti-monetarist party has been a partner in coalition governments led by both National (1996–98) and Labour (2005–08 and 2017–20). Due to the introduction of the MMP electoral system, a New Right "Association of Consumers and Taxpayers" party, known as ACT New Zealand, was formed by ex-Labour