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Sir Roger Douglas leaves NZ Parliament

Controversial New Zealand MP Sir Roger Douglas has delivered his farewell speech at Parliament.
It is the second time he has left but this time the 73-year-old, who first entered Parliament in 1969, says he is off for good.

Douglas changed the face of the New Zealand economy as the Finance Minister under David Lange's Labour Government in the 1980s. His brand of economic management became known as Rogernomics, and opponents blame him for increasing the gap between rich and poor. Douglas was responsible for deregulating New Zealand's economy, floating the dollar and introducing GST.

His second term in office was marked by conflict with Lange, and he was dramatically sacked in 1988.
In 1990 Douglas left politics, but his liberal economic policies continued under the subsequent National Government.

Douglas co-founded the Act Party in 1993 and came back as a backbench MP in 2008.

This time, Douglas says he is definitely not coming back.

"I'm going to watch cricket." Does he not know the Rugby World cup is on right now?

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