 Muldoon refused to accept official advice that devaluation was the only way to stop the currency crisis and provoked a brief constitutional crisis when he initially refused to implement the incoming government’s instruction that he devalue.Both crises were soon settled when accepted that he had no choice but to devalue after Muldoon's National Party colleagues threatened to approach the Governor General to dismiss him.Although devaluation was a contentious issue in the Labour Party and was not part of Labour's election policy, the decisiveness with which the incoming government acted won it popular acclaim and enhanced Douglas's standing in the new cabinet.