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The Social Credit Party was established as the Social Credit Political League. It was founded on 10 January 1953, and grew out of the earlier Social Credit Association. The party's first leader was Wilfrid Owen, a businessman. Much of the early activity in the party involved formulating policy and promoting social credit theories to the public.
Eventually the remaining members of the party ended up as part of a supposedly centrist party known as the New Zealand Coalition after joining together with the remnants of the New Zealand Party and the United NZ Party. [8] In 2018 the Democratic Party changed its name back to the Social Credit Party. [9]
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Social Credit Party of Alberta; Social Credit Party of Saskatchewan; Social Credit Party of British Columbia; Social Credit Party of Ontario; In the United Kingdom: Social Credit Party of Great Britain and Northern Ireland; In New Zealand: Social Credit Party (New Zealand) Social Credit-NZ; In Australia: Social Credit Party (Australia) In ...
Many observers cited growing internal divisions within the Social Credit Party as a cause of this by diverting the party's efforts and attention away from campaigning and policy platforms. [10] The party dropped 5% in the polls and Cracknell likewise did worse in Hobson where Logan Sloane regained the seat by a substantial margin.
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