Editing New Zealand National Party (section)

===Second Government (1960–1972)===
{{Main|Second National Government of New Zealand}}
[[File:Keith Holyoake (crop).jpg|thumb|upright|[[Keith Holyoake|Sir Keith Holyoake]], Prime Minister, 1957 and 1960–1972]]
Nash's government became very unpopular as Labour acquired a reputation for poor economic management, and much of the public saw its [[Black Budget (New Zealand)|1958 Budget]], known since as the "Black Budget", as miserly.<ref>{{cite book|author=Brian Roper|title=State and economy in New Zealand|url=https://books.google.com/books?id=bLG0AAAAIAAJ|year=1993|publisher=Oxford U.P.|page=204|isbn=9780195582734}}</ref> After only one term in office, Labour suffered defeat at the hands of Holyoake and the National Party in the [[1960 New Zealand general election|elections of 1960]].

Holyoake's government lasted twelve years, the party winning re-election three times (in [[1963 New Zealand general election|1963]], [[1966 New Zealand general election|1966]], and [[1969 New Zealand general election|1969]]). However, during this period [[Social Credit Party (New Zealand)|Social Credit]] arose, which broke the National/Labour duopoly in parliament, winning former National seats from 1966. Holyoake retired from the premiership and from the party leadership at the beginning of 1972, and his deputy, [[Jack Marshall]], replaced him.<ref name="Adams 1980"/>

Marshall suffered the same fate as Holyoake. Having succeeded an experienced leader in an election-year, he failed to establish himself in time. Marshall had an added disadvantage; he had to compete against the much more popular and charismatic Labour leader [[Norman Kirk]], and lost the ensuing [[1972 New Zealand general election|election]]. Unpopular policies, including initiating clear felling of parts of the Warawara kauri forest, also needlessly alienated voters.<ref name="Adams 1980"/>