 The New Zealand government sold its telecommunications company, railway network, a number of radio stations and two financial institutions.The reforms were initially implemented by the Labour Party, which has since reverted to its social democratic and interventionist outlook, and the centre-right New Zealand National Party has taken up the cause of small government and continues to promote private enterprise, low taxation, reduced spending on social welfare and overall limited state interference.As a result, small government is associated with conservatism in contemporary New Zealand politics.