Final results from last month’s election confirm the right-wing National Party will need to partner with the ACT Party and NZ First to form government
In the long run, New Zealand’s incoming prime minister should still be pretty pleased to have got to where he is now.was entering parliament for the first time as a member of a chaotic and failing party. He now leads that party – National – and will soon ascend the long driveway to Government House to be sworn in as prime minister. Not a bad turnaround.Last month’s election gave National its second worst result since 2002.
. While the two have been fighting for the same votes in recent years they come from deeply different traditions: ACT’s purpose has been to carry on the neoliberal economic project started in the 1980s, to strip back the state to the bone, while NZ First has spent a lot of time trying to stop that. This tension has eased as the three leaders try to look like grownups for coalition talks, but not abated entirely – this week Seymour admitted he had been trying to contact Peters but hadn’t received any response.All three parties share a reflexive distaste for anything that could be described as “woke”.
NZ First is unlikely to allow foreign home buying back in. That doesn’t rule out the tax cut – but it makes paying for it while not either adding to public debt or seriously cutting back public services much more difficult. It also makes it even harder to argue that such a tax cut would not add to New Zealand’s inflation.
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