Arnold Nordmeyer

Arnold Nordmeyer was a New Zealand politician and a member of the Labour Party who served as Minister of Finance in the late 1950s. He is notably recognized for presenting the controversial 'Black Budget' in 1958, which introduced significant excise tax hikes on tobacco, alcohol, and petrol, aimed at addressing a severe fiscal deficit. His policies were met with public discontent and are often cited as pivotal in shaping New Zealand's economic history.