writing - dawn raids

 Dawn raids

What is a dawn raid? A dawn raid refers to the practice of buying up a large amount of shares right at the open of the day's trading. The goal is to amass a large number of shares in a target company by one company to influence a potential takeover of the target. But what caused the dawn raids? Dawn raids were a common event in Auckland, New Zealand, during a crackdown on illegal overstayers from the Pacific Islands from the mid-1970s to the early 1980s. It all happened in 1973 by narmons kirks labour government and were continued by rob muldoon's national government. The dawn raids began in 1974 when the Labour government, faced with an economic downturn, clamped down on people overstaying their working visas. Samoans and Tongans were welcomed into New Zealand with open arms in the 1950s and 60s to relieve a huge labour shortage. They were the main targets. Why did the polynesian panthers form? In the 1950s thousands of pacific islanders came to new zealand to meet the labour shortage.

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