NZD traders - heads up for the New Zealand election this weekend - preview

Author: Eamonn Sheridan | Category: News

The most recent polling I have seen indicates the likely outcome is a return of the incumbent ruling party in coalition with the Greens.

  • 61 seats is the required number for victory in the 120 seat parliament. 

The most recent polling shows:
  • Current Prime Minister Jacinda Ardern's Labour Party will get 59
  • The main opposition National Party on 40 seats
  • ACT Party 10
  • Green Party 11
Polling for preferred PM:
  • Incumbent Jacinda Ardern 55%
  • National Party's Judith Collins. 20%
The biggest risk for NZ financial markets is an unclear result, that it takes days (or weeks) to get a final decision. On the other hand, if Ardern clearly wins outright on Saturday  the 'stability' factor should be supportive for the NZD on Monday. 

The most recent polling I have seen indicates the likely outcome is a return of the incumbent ruling party in coalition with the Greens.


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