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iPredict already trading on 2014 election

The new parliament has hardly had time to settle in but online predictions market iPredict has already launched contracts forecasting the result of the next election.

Trading since the 2011 election in the 2014 Prime Minister stocks has consistently given Labour the edge over National.

It is also currently showing that the party vote results in 2014 would be: National 43.1%, Labour 34.1%, Greens 10.0%, New Zealand First 5.0%, Conservatives 2.7%, Maori 1.4%, Act 1.2%, Mana 1.0%, UnitedFuture 0.6% and Aotearoa Legalise Cannabis 0.5%.

Comments and questions
3

Why is this news? This just lazy reporting.

I actually think it is good to know about this and the "stats" will be interesting to look back on

Haven't people got better things to do than speculate on an election over two years away? Sheesh, apparently not. And what makes iPredict any kind of authority on any subject.