Investment Advice (Press, 27 April 1985)
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Summary: Investment Advice (Press, 27 April 1985)
On 27 April 1985, the Gay Task Force in Wellington urged homosexual individuals who had recently withdrawn funds from the Countrywide Building Society to refrain from reinvesting with the institution. The call to action arose due to the involvement of one of the company's directors, Keith Hay, who is spearheading a campaign against the Homosexual Law Reform Bill. This proposed legislation aims to legalise consensual homosexual acts between adult males. Bill Logan, a spokesman for the Gay Task Force, highlighted that while Countrywide is perceived to have an image issue, the source of the problem is directly associated with Keith Hay. Hay, an Auckland businessman, is collaborating with Sir Peter Tait as the primary organisers of a petition that opposes the law reform, further motivating the task force's dissatisfaction with the building society.
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