New Zealand heads to polls with no clear winner in sight

· Politics · New Zealand

Nine days before New Zealand's November 7 general election, polls continue to show no clear winner or even coalition grouping. The New Zealand dollar fell sharply after the central bank held rates rather than hiking, a move markets had nearly priced in. Qiulae Wong, leader of the Opportunity Party, has risen rapidly and could play a kingmaker role alongside Winston Peters in forming the next government.

Why it matters:With no party close to a majority, small parties could decide the next government and the pace of economic policy in a small, open economy.

Key points

  • The election is set for November 7.
  • Polls show no clear winner or coalition grouping.
  • Qiulae Wong is positioned as a possible kingmaker.

Sources (original reporting)

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