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A new political party was launched in New Zealand today, called The Opportunities Party. It's been founded by Gareth Morgan, who's very well known in NZ for his economic opinions and such.

No policies have been announced yet, but it's a good bet a basic income and a flat tax will be one of them, given Morgan was one of the writers of "The Big Kahuna", which you can read about here...

It's early days yet, but I suspect the party will gain enough traction to get the 5% or more needed to get into parliament. This seems a reasonable assumption, given 25% of Switzerland's voters gave a yes to a basic income in their referendum. It's become a popular idea globally in the last few years. Couple that with both NZ's Greens and Labour parties liking the idea, (despite Labour rejecting it as a policy), and it's just possible it might be tried in NZ.

Here's Gareth Morgan announcing the party...

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