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David Caygill

The Honourable
David Caygill
CNZM
David Caygill, 2013.jpg
Caygill in 2013
28th Minister of Health
In office
24 August 1987 – 30 January 1989
Prime Minister David Lange
Preceded by Michael Bassett
Succeeded by Helen Clark
Constituency St Albans
36th Minister of Finance
In office
14 December 1988 – 2 November 1990
Prime Minister David Lange
Geoffrey Palmer
Mike Moore
Preceded by Roger Douglas
Succeeded by Ruth Richardson
Personal details
Born David Francis Caygill
(1948-11-15) 15 November 1948 (age 68)
Christchurch, New Zealand
Political party Labour

David Francis Caygill, CNZM (born 15 November 1948 in Christchurch), is a former New Zealand politician. After being New Zealand's youngest city councillor at 22 (in Christchurch), he was an MP from 1978 to 1996, representing the Labour Party. He served as Minister of Finance between 1988 and 1990.

Caygill's early political philosophies were aligned with the National Party and he chaired the St Albans branch of the Young Nationals as a schoolboy. His allegiance switched to Labour in part due to the Vietnam War, which Labour opposed.

Caygill was a councillor of Christchurch City Council from 1971 to 1980. On 29 April 1974, he became the city's youngest ever acting Mayor for a period of five days.

Caygill was first elected to Parliament in the 1978 elections as MP for the Christchurch electorate of St Albans. He served for six terms.

When the Fourth Labour Government was formed after the 1984 elections, Caygill aligned himself with Roger Douglas, the controversial Minister of Finance. Douglas, Caygill, and Richard Prebble were together dubbed "the Treasury Troika", and were responsible for most of the economic reform undertaken by the Labour government. The "Rogernomics" reforms, which were based on free market economic theory, were unpopular with many traditional Labour supporters, but Caygill managed to avoid the worst of the condemnation directed towards Douglas and Prebble. When the two became founding members of the ACT New Zealand political party in 1994, Caygill chose not to join them.


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