Winston Peters is leader of the New Zealand First party, which will hold the balance of power in parliament.
- He had a self-imposed deadline to announce which side he would support of Thursday October 12
- But he has told local media that he might not be ready by then
So, the saga stretches on.
"Coalition talks may be completed by Thursday, but the outcome is now not expected until sometime after that," BNZ bank said in a research note. "So the uncertainty of government formation will hang over the NZD for a while yet."
