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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.
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In July 1988 former Social Credit Party leader Bruce Beetham established Social Credit-NZ after coming to the belief that the Democratic Party was no longer a true social credit based party. Beetham and party president Alan Shaw said the new party would offer an alternative to interventionist and free-market policies by resurrecting original ...
Later, he became involved in politics through the Social Credit Party, a group dedicated to the social credit theory of monetary reform. He made his entry into politics in local government in 1950 when he was elected a member of the Bay of Islands Harbour Board and became the board's chairman in 1953. [1]
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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 ...
He became the leader of Social Credit Party in 1953. Under his leadership Social Credit got a surprising 11% of the party vote in the 1954 general election . Owen stood himself for Social Credit in Lyttelton in the 1954 election and 1957 election , coming third with 2,675 and 1,014 votes respectively; and in the Riccarton 1956 by-election .
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