Back to the 80s
Tomorrow night we give you the opportunity to revisit (or experience for the first time) the 80s, specifically 1987 and "Black Tuesday."
In our 7pm Talk/Show Archive staffer James Taylor takes us back to the heady days of the New Zealand sharemarket. Rogernomics, the economic reform and deregulation undertaken by the Fourth Labour Government, led to an explosion in finance and a boom on the stock exchange. New companies were listed and complex deals were made at a frenetic pace. Everyday people got in on the act while a new class of millionaire businessmen became media darlings.
However "Black Tuesday", 20 October 1987, brought this to a crashing halt. Following overseas developments the market collapsed. In an atmosphere of pandemonium thousands of millions of dollars were wiped off the value of shares and high flying companies went under.
Talk/show Eyewitness to the 80s looks back at this notorious period of boom and bust using the Film Archive's Chapman Collection of 1980s TVNZ News and Current Affairs programmes. We'll witness, as contemporaries did, the bubble growing from 1984, watch as panic gripped the market in 1987, and see the consequences of "Black Tuesday" for sharebrokers, captains of industry and ordinary people.
Don't miss the opportunity to watch history - as it happened!
Talk/Show Eyewitness to the 80s
7pm Wednesday 4 July
Film Archive, 80 Taranaki Street