Age, Biography and Wiki

David Caygill (David Francis Caygill) was born on 15 November, 1948 in Christchurch, New Zealand, is a New Zealand politician. Discover David Caygill's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 75 years old?

Popular As David Francis Caygill
Occupation N/A
Age 75 years old
Zodiac Sign Scorpio
Born 15 November 1948
Birthday 15 November
Birthplace Christchurch, New Zealand
Nationality New Zealand

We recommend you to check the complete list of Famous People born on 15 November. He is a member of famous politician with the age 75 years old group.

David Caygill Height, Weight & Measurements

At 75 years old, David Caygill height not available right now. We will update David Caygill's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is David Caygill's Wife?

His wife is Eileen Ellen Boyd (m. 1974)

Family
Parents Not Available
Wife Eileen Ellen Boyd (m. 1974)
Sibling Not Available
Children 4

David Caygill Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is David Caygill worth at the age of 75 years old? David Caygill’s income source is mostly from being a successful politician. He is from New Zealand. We have estimated David Caygill's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income politician

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Timeline

1948

David Francis Caygill (born 15 November 1948) is a former New Zealand politician.

Caygill was born and raised in Christchurch.

Caygill was born in Christchurch on 15 November 1948, the son of Gwyneth Mary Caygill (née Harris) and Bruce Allot Caygill.

1971

He entered politics in 1971 as Christchurch's youngest city councillor at the age of 22.

He was educated at St Albans Primary School and Christchurch Boys' High School, and then studied at the University of Canterbury, graduating Bachelor of Arts in 1971 and Bachelor of Laws in 1974.

In 1971 Caygill was President of the University of Canterbury Students' Association from 1975 to 1978.

Upon the urging of Neville Pickering, Caygill successfully ran for the Christchurch City Council in 1971, and served until 1980.

1974

In 1974, he married Eileen Ellen Boyd, and the couple went on to have four children.

On 29 April 1974, he became the city's youngest ever acting Mayor for a period of five days.

He was chair of the council's staff and community services committee.

1975

From 1975 to 1978 he practised law with a Christchurch legal firm.

Caygill's early political philosophies were aligned with the National Party and he chaired the St Albans branch of the Young Nationals as a schoolboy.

His allegiance switched to Labour in part due to the Vietnam War, which Labour opposed.

1977

From 1977 to 1980 he was a member of the Canterbury Regional Planning Authority and was chairman of the Authority's air pollution committee.

He was also a council member of Christchurch Polytechnic.

1978

He served as a Member of Parliament (MP) from 1978 to 1996, representing the Labour Party.

Caygill was first elected to Parliament at the 1978 general election as MP for the Christchurch electorate of St Albans.

He served for six terms.

Caygill was described as one of the most energetic new members elected at the 1978 election.

1979

Just under a year later in a reshuffle in October 1979 Caygill was promoted by Labour leader Bill Rowling and given the economic development portfolio.

1981

In March 1981 he had his responsibilities switched and was instead appointed Shadow Minister of Local Government.

1982

His duties changed again in February 1982 and he became Shadow Minister of Energy.

1983

When David Lange replaced Rowling leader he appointed Caygill as Shadow Minister of Trade and Industry in March 1983.

1984

When the Fourth Labour Government was formed after the 1984 elections, Caygill aligned himself with Roger Douglas, the controversial Minister of Finance.

Douglas, Caygill, and Richard Prebble were together dubbed "the Treasury Troika", and were responsible for most of the economic reform undertaken by the Labour government.

The "Rogernomics" reforms, which were based on free market economic theory, were unpopular with many traditional Labour supporters, but Caygill managed to avoid the worst of the condemnation directed towards Douglas and Prebble.

Caygill was appointed by the new Prime Minister, David Lange, as Minister of Trade and Industry, and Minister of National Development, on 26 July 1984.

1987

In 1987, after Labour had been re-elected, he was appointed Minister of Health.

As health minister he rejected the orthodoxy of the Gibbs report, which sought to create a more competition oriented hospital service.

When Douglas was fired by Prime Minister Lange, Caygill was appointed Minister of Finance in his place.

After Lange himself had resigned, Caygill retained his position under both Geoffrey Palmer and Mike Moore, Lange's short-lived successors as Prime Minister.

As finance minister he passed the "inflation busting" Reserve Bank Act.

He also became Minister of Revenue, but dropped the health portfolio.

In his last budget as Minister of Finance, Caygill lifted the quarantining of rental losses on investment property, allowing an investor to offset losses on their investment property against their other taxable income.

Caygill was described as a consummate back-room politician; "Calm, utterly discreet, yet equally forceful, he [Caygill] is said to have people march angrily into his room then leave it an hour later smiling — even if they have lost the argument."

1988

A supporter of Rogernomics, he served as Minister of Finance between 1988 and 1990.

1990

After the defeat of the Fourth Labour Government in November 1990 Caygill became Shadow Minister of Finance.

1991

In December 1991 Caygill was replaced as finance spokesperson by Michael Cullen, who was more moderate in his economic policies.

1994

When the two became founding members of the ACT New Zealand political party in 1994, Caygill chose not to join them.

2010

From 2010 to 2019, he was one of the government-appointed commissioners at Environment Canterbury.