Winston's choice: Jacinda Ardern poised to become prime minister

The prime minister elect during her press conference this evening

Rob Hosking on Winston's choice.

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Key points

• Winston Peters announces NZ First will support a Labour-led government
• Greens 8 MPs will support the Lab-NZF coalition on confidence and supply
• Jacinda Ardern says no policy deals will be revealed until early next week
• Portfolios won't be finalised until early next week, Ms Ardern
• NZF (9 MPs) will get four positions inside cabinet plus one undersecretary
• Greens (8 MPs) will get three ministerial positions outside cabinet plus one under-secretary
• Mr Peters says he has been offered deputy prime ministership but has made no decision
• Mr Peters says finance minister is off the table
• Ms Ardern and Mr Peters indicate change on way for immigration, foreign investment, regional development, Reserve Bank Act
• Dollar falls to five-month low

Labour leader Jacinda Ardern is prime minister-elect, poised to become New Zealand's youngest prime minister in 160 years. Winston Peters has thrown his support to a Labour/ NZ First coalition, saying "capitalism must regain its human face."

The New Zealand dollar fell near a five-month low as Mr Peters made his announcement.

The kiwi dropped as low as 70.37USc, the lowest since May 30, and was trading at 70.45USc  as at 8.30pm from 70.94USc  before Mr Peters started his briefing. The local currency started declining amid earlier reports National had baulked at NZ First's demands for ministerial posts. 

The NZ First leader was light on policy detail in a Beehive press conference but indicated changes were on the way for immigration and the Reserve Bank Act (although some other bottom lines seemed to have bottomed out during MMP negotiations; Mr Peters indicated the Maori seats are safe).

There was no immediate detail on cabinet portfolios, beyond that NZ First had not been offered finance. Mr Peters says he had been offered the deputy prime ministership but has not decided whether to take it.

Mr Peters says he did not tell Labour before making the announcement, so Ms Ardern would have found out at the same time as the New Zealand public.

There were signs late this afternoon that National had pushed back against NZ First demands for up to five cabinet seats, which may have influenced Mr Peters' decision.

He says the election showed  Kiwis did want change.

Ardern takes the stage
Prime Minister-elect Jacinda Ardern spoke just after 8pm saying Bill English called her to concede. She thanked him for his role in the election campaign and as his role as PM.

She also thanked NZ First and Mr Peters.

NZ First will hold four cabinet positions and one cabinet undersecretary, she said.

Mr Peters was offered the deputy prime ministership and is still thinking over that decision.

“The discussions were dominated around policy and issues are greatest to us.”

Ms Ardern also thanked the Greens, saying they engaged with Labour “on areas of consensus and areas where we have different views.”

Over the next 24 hours, she says Labour will finalise remaining details and next week will be in a position to release a full agreement with NZ First and the Greens.

She confirmed the Greens will have ministerial positions but wouldn’t say how many.

She says making an “economy that delivers for all New Zealanders” will be a focus for her coalition government.

She said every party in the negotiations was worried about the housing crisis and the environment.

“We all agreed that our rivers are dying and we all agreed that we need to take action.” 

Asked if she was willing to walk away from TPP negotiations, she says it won’t come to that as there is still time to renegotiate the agreement before November.

On monetary policy, Labour’s finance minister-elect Grant Robertson said he’s looking into the changes and will have an update in the next couple of days.

Majority?
Mr Peters says National’s 45% is “not a majority” under MMP, adding that the majority view in this country was for change.

He says his party came to the decision just 15 minutes before holding the press conference.

On the differences between the two deals, he says people around New Zealand thought " we should be doing far, far better and too many people in government are out of touch."

Mr Peters says he expects that the government he is part of will start building 10,000 new homes a year.

He says Ms Ardern agreed with NZ First’s position on immigration and housing.

“This decision represents the majority in an MMP parliament.”

“On the agreement we reached, it’s a summation of the policies that survived the negotiations.”

“We believe an economic slowdown is coming,” he says, citing the housing market, retail confidence and the make-up of the RBNZ.

He says NZ First’s choice relates to how the government will mitigate those issues.

Attack on capitalism
“We believe capitalism must regain its human face – that has influenced NZ First’s discussion," Mr Peters says.

He thanked reporters for being patient and said he was grateful reporters turned up.

He said the special votes would have had a profound impact on the final number and that’s why the party waited to begin negotiations.

He says 11 days was not too long to wait to know the election, citing the German election (where negotiations have just begun) as an example of a long wait for a government under MMP.


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137 Comments & Questions

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At least that's good news for young people wanting to buy a house.

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Not sure you've read the Labour land tax property.

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Labour are on record as saying they do not want to see property prices fall

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Housing prices might drop, but they won't have as many jobs, the opportunity for promotion or pay increases. Not sure if that might be considered progress.

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Excellent news.change is coming in finance sector regulation.

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Yeah hopefully they keep fund managers actually working for their clients rather than trilling 24 hours a day in chat forums

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Oh boy, so much ignorance. Messing with Reserve Bank Act by ideological amateurs in charge of a small, distant exporter nation is a recipe for Zimbabwe-like consequences.

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My guess is you have hedged back into nz$ and the strategy isn't working so well today.

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Well done Steven Joyce - you blew the election strategy on all fronts and also you and Paula Bennett blew it with the lies innuendo and personal attacks

At least this all over

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Agree, hopefully this is a lesson not to go full Tea Party in future.

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national supporters take heart the Greens are probably going to be in power now, u got what you wanted partially.

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When I was a boy, mum taught me that “blue & green should never ever be seen together”. That is an absolute fact today in New Zealand politics!

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Utu!

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It remains only to congratulate Bill English for making the principled decision to place the national interest first.

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Yes normally Governments are voted out. Here we have Peters Voting one in . Ardern is not the PM select. She is in fact the PM "elect" thanks to the sour face of Peters in a fit of PIQUE, because he couldnt manipulate Bill English to dance his tune of just to many Ministers. History will record a missed chance of a real genuine type of Legacy for Mr Peters. His legacy how he failed to support what NZs voted for,and handed the treasury benches to a coalition of losers. So be it.

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Bull****. The losers were the Social Credit idiots who kept Muldoon in power. As the old political scientist Keith Ovenden said Social Credit was not a legitimate party positioned on the ideological spectrum, it was not a serious 3rd party like the British Liberals but a collection of cranks and low rate chancers after place and position. Like National today. Bill English could not deliver the baubels of office to Mark Mitchell, Ann Tolley and the friends of Judith Collins. I have to admit in 2008 that in 2008 I voted for National and English. Good name English it is what we are ( taken to include the Scots and around Berwick, my heirs from Hawick, Newcastle, Barnstaple and Bridgewater)
I also voted for the National candidate in Auckland Central in 2011 and 2014. This time as in 2005 I voted Green, Green
The Key English government was a bitter dissapointment from the start as it believed in the dictate of the ordinary man in New Zealand the most conservative reactionary force on earth and the least justified. The Greens are totally justified, nuclear power is not the answer and advanced nations do not structure themselves around dairy farming.NZF is a Nationalist Party and New Zealand was once the greatest country.My grandparent came here as executives for the Union Steam Ship Company and Bank of Australasia to manage the flow of wealth out of Otago Southland.

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Here's a few thoughts from the cowshed this morning.
I'll agree that dairy farming is not the be-all and end-all. But I do think that NZ has a unique opportunity in pastoral agriculture, which looks far more sustainable, and consumer-friendly than that which prevails amongst our competitors for the dollars of the consumers in our vicinity.
Bolger once said, in this regard, "we will never get rich selling to the poor."

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>sour face

Pot kettle black.

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Yes he and JK certainly did put National's interest first for 9 years.
In particular National's MP's land and property portfolios, and the interests of National's many self-centred lobbyists, who came out in full force throughout this election.

They certainly did not put the Nations interest first. The ordinary kiwi wage and salary earner, and the struggling first home buyer.

Local ponzi property investors, foreign buyers, and imported low wage/low skilled immigration was given the full red carpet treatment.

Anyway no worries. JK got a nice big fat $20M price for his mansion from one of those foreign buyers just in time, and a nice fat cat Chairman roll from one of the foreign banks who have done ever so nicely out of his and Bill's time at the wheel.

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Don't forget his knighthood!

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Well said.note too that the nz$ has been weak for the last week or two.who has been selling i wonder and why.did they know that negotiations with winston weren't going so well and thus the potential for substantial weakness when he announced a labour coalition? Insider trading is rife in our markets but only the little fish get prosecuted.

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C'mon Mr Sheather, that remark re "insider ........' does you little justice.
You style yourself as knowing something about finances.
The facts were, for the last six months EVERYBODY knew that the future Gov. was going to be chosen by MR NO. Also, everybody except the more witless among us, knows that whenever Mr NO gets ANY say in Gov. the dollar WILL tank.
No insider trading needed.
I do agree that in the NZ share market "insider trading" is poorly policed. Poorly, to the point of shameful.

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Has he resigned?

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Beautiful, down dollar, down you go.
Big win for Mr English inside 18 months.

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You've misjudged the tide for change.

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Nope!
Shifted my investments off shore 4 months ago in anticipation of a Government elected, not by the people, but by Mr No.
Easy decision then.
Problem is, When to bring them back home?
methinks, not 'til a change of Gov. looks "on the cards".
What do others think? Will our dollar keep tanking?
Will the RBNZ lift interest rates to correct it?
Will the protectionist bent in Mr No's elected government see inflation rise?
Our imports including fuel must rise? No?

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Good on you John, we did the same by shifting our company offshore in anticipation of this mess. Have a close friend who sold the divisions of his company that have staff, but retained the international wholesale operations due to the potential change in govt. I know of a number of other business owners doing the same. Those with capital and businesses that are mobile are going until this mess is over.

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Thank you for the compliment.
BUT!! To my questions please.
I would value others opinions.
The "homework" starts today!!

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Do as I am and keep it all offshore until we see a bottom. Timing is everything ;)

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I agree, 'timing is everything", I have "accidentally" got it right a couple of times.
Now sit back everybody and watch me get it wrong!! Ah! such is life *sigh*
Mr Moose, I'm relying on you ;)

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>a government elected, not by the people, but by Mr No.

Someone who doesn't understand maths and MMP?

The new government represents the majority of voters. Most NZ First voters preferred a coalition with Labour, and NZ First's policies (on which people voted) seem to align more with Labour's.

This is pretty simple stuff.

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Good decision Winston.

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I must say, I didn't pick this. I honestly thought that Peters would give National a fourth term. However, such does not seem to be the case.

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As a long time national voter this is a very hard pill to swallow. Especially as it could have been avoided, if National had the least bit of empathy, and actually did something ! Bill John and Nick all looked liked they were in cohorts to enrich themselves through their policies (maybe not nick he is too slow) and they were wilfully negligent on housing. This is why people abandoned them, and made the will for change so string that NZF went with labour, who are far more worse and dangerous. Shame on the leaders of national for their incompetence on housing . YOU lost the election and housing is why . I am very angry and we need new young blood in national.

Bloody venal fools.

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Agree

Forget the Joyces Bennett's and Bridges

Go for the future and Nikki Kaye

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Couldn't agree more that this election was, for the most part, always going to be won or lost on housing policy. National failed to facilitate New Zealanders satisfying a key part of the bottom level of Maslow's hierarchy - shelter.

National broke from the last 8 years tradition by announcing a flurry of last-minute housing initiatives at the tail end of the election, but I can't help feel it was too little, too late, to help maintain a majority of the seats.

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There is no housing crises

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Whether there is actually a housing crisis or not was completely irrelevant.

People were told in the media that there was, and they wanted to see a response which did not come from National.

Elections are decided by the sheep voters, not the intelligent ones.

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Try earning a median wage ($50k) after racking up substantial student loan debt and try to buy an average priced home in Auckland. I'd love to hear the commentary the banks dish out to you in that situation.

I look forward to hearing how you go forthwith!

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Easy, don't buy a house in Auckland. There are plenty of other very fine parts of the country to live in where people can go on to live perfectly satisfying and rewarding lives and do. And the median household income in Auckland, Moose, is $83k, not $50k. Do try and get your facts straight, will ya?

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Their economic policies are such that higher level needs like self actualisation aren't fulfilled for many either.

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Rubbish!

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It's pretty simple, Steve. Two thirds of New Zealanders own their own home. Two thirds of those people voted to protect the unprecedented gains they've had in paper wealth at the expense of the less fortunate over three terms of heads-in-sand approach to housing policy. The problem for the 44% of people that I've just described, is that the rest of New Zealand sees that selfishness for what it is.

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Nailed it

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You made your squillions of profit selling your house - and through that process completely reinforced what all skeptics thoughtt of national. Now we have a no nothing PM and Winston in charge. I hate to say it - but national carefully calculated generational theft through housing got them here, and we deserved to lose. We will all now be worse off. Thank you so much John key for giving us labour on a plate.

#angry

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...akl house prices also doubled under clark/Cullen so your argument is nonsense...

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Going from $250k to $500k and from $500k to $1m isn't really a valid comparison for those not already on the ladder, is it?

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And National campaigned on the urgent need to fix the housing crisis, then denied its very existence for the next nine years, while watching their 3.5 houses per MP portfolios swell in value instead.

They needed to actually address their campaign trail promises and start delivering. As someone who voted for them, this loss is their responsibility.

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On your marks. Get set. Go.
That way? No this way. No that way. No no no, this way.

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I think that doing anything beyond the status quo might be difficult. Possibly not too terrible then eh.

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I feel for Bill English
He is a good man but got let down badly by his lightweight and dirty team. Steven Joyce ran a very bad and deceitful campaign which helped Jacinda gain votes
Paula Bennett is connected to the Winston super error leak and they all tried to fry Winston

The only people fried now is the National crew

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Treason

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I'm looking forward to the next 18 months. It will be like shooting goldfish in a barrel.

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Just make sure your not in the barrel!

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I agree that Bill English is the only one to come out of this with any semblance of integrity.

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He'll resign anyway though I think. Hope he picks something in the productive sector to be on the board of. Bit disappointed that Key picked a smelly old bank.

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The timing of the announcement of Key's house sale , and appointment to the bank board could hardly have been more damaging.
Oh well, at least John Key got the new bank bail-in legislation through parliament in good time.

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and a healthy investment property portfolio, probably! And a nice big smile

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I agree fully! Stand up fellow, Bill. Never told a lie.

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I am sure a lot of the disillusioned senior Nats. will leave and console themselves with directorships in Chinese banks, following in the traditions of Shipley, Richardson, Brash Tremain etc.

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Leading up to thi debacle, most of the National supporters I knew were secretly hoping for a National/Greens coalition. But alas, like old Communists, the Greens would never let that happen. Pity, could have worked.
At the end of the day, National we’re soulless and made poor decision after poor decision.
Other than Bill, I can’t say I’d want to sit down and eat a steak with any of them (same with Labour).
They need a clean out. Joyce was never the start go to smart guy, Nick Smith was wrong man wrong job for too long, Bennet was as empty and unlikeable, while further down the ranks there was no one willing to step up and stand out.
On the plus side, the dollar will drop and I can finally sell my overseas properties and recoup a large profit (which I shall spend buying my kids houses to live in, oh the irony).
Bring out yer dead, National. Rebuild quickly.

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Shouldn't your kids be able to buy their own houses?

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Winston will take Dep PM (of course he will). 3 other minsterial roles for NZF coat-tailers. Baubles and chaos.

A minority govt with C&S from the Greens.

What could go wrong???!!!

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This will not work. A three headed monster against a very strong opposition . Expect an election within 18 -24 months

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Winnie will take deputy PM and Foreign Minister - he loves limos and first class international flights and five star hotel suites. No more Corperate Cabs with lights off so it looks like a limo.

Snap election in 18 months .

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Don't be too hasty fellow Nats. This Labour/NZ First/Greens alliance (??) looks like an omni-shambles already. Its not over by a long shot and not over until the GG signs it off. Watch this space...

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Not as much as a shambles as the National party is now in
The knives will be out now

National will implode as they have so many ego's and all the senior members are individual players not team players

Hopefully Steven Joyce and Paula Bennett run off into the distance forever

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Good job,that will teach national for looking after their rich mates,been a national supporter for 40 years, they discussed me what they have done for 9 years to the normal kiwis. ?

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Lets see what happens when this new Government introduces Labour's industrial relations policies.

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Thanks to National for strong government through the GFC, unprecedented earthquakes and much more.

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Excellent post.
Some others seem to think this is a resounding defeat for National.
The same party (National) that got the most (people) votes in the election.
But of course under MMP, the people do not get to choose the Government.
That privilege goes to the party that got 7% of the peoples vote.

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Judith Collins for Queen ...[sung to the tune of We Shall Overcome]

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Good job. The Nats have been smug and complacent.(Indifferent to our kids being laid out on the Housing altar for overseas buyers). And to add salt to the wounds, JK is grinning like a Cheshire cat; he foresaw a Labour Govt. coming and jumped ship, his gong jangling as he jettisoned.

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Call broker tomorrow........dump SKC.

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This is no place to bring up my children

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No it's not and that is thanks to nine years of National. There is at least some hope now

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No because I've always taught them about meritocracy not dictatorship. I'm a socialist but democracy is more important than that. National won 44.4% as a single party. The next best 2 parties could not match that added together. What a joke.

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Maybe you need to teach them about proportional representation and social diversity instead of meritocracy.

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Is there a better place to bring them up, if so maybe you could name it. NZ despite all it's problems is still regarded as one of the best places in the world to bring up kids.

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Except for the ones that end up dead, right? Either at the hands of their family members, or their own. You know, because we have some of the worst child abuse statistics in the world.

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And trying to resolve both those things are a priority of the new govt. Because they sure as hell weren't for the last one, which is why it is so bad

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The best news for National. Why would you want to get into bed with someone who hogs the blankets.

Labour will be lucky to see out the term.

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NZ needed change and the Nats weren't up to being open to some very really unsustainable and seriously damaging issues that have been papered over as everyone gloated with rising house prices. NZ'ers will be left with their pants down in just a few years if you don't address skills based immigration as the primary qualification, affordability of housing, distortions with foreigners in essence parking cash in NZ through real estate investments, Maori and NZ identity, sustainable tourism, funding of infrastructure (there are many options available), affordable rental housing, energy efficiency, inflation in food, beverages and building materials, better resource management and lastly productivity. A high NZ dollar is not good for the country but makes exports uncompetitive and discourages inward foreign investment. NZ needed new ideas, collaborative solutions and breaking down the "old-boy" network.

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"A high NZ dollar is not good for the country but makes exports uncompetitive and discourages foreign investment" you say. Really? Do you run an import-export business? I do and your comments are ill informed. Most export companies also import and if the dollar over-balances to a weaker rate, then this will hurt the economy as much as a very high dollar. The dollar is 6-8% down on its last high, so it is relatively balanced - well it was until an extreme left wing collaborated today. I know of investors who have now held off today. They said: 'why would we invest when you have allowed people to run the country that you wouldn't even offer jobs to?" Give me a higher dollar any day.

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You are right. Peters, "dollar too high" is wrong.
If you follow his thinking out to its logical conclusion, then he and his supporters must think we would all be rolling in clover if the dollar fell to "nought"!!!!!

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One question John since you know everything. What about in May when the dollar was $0.68 under National?

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We made good money on our exports and more good money betting it would rise. Easy peasy.

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We need to find a way to note those of National who fought the election and those who left early for other things.
If it is a one off then on its merits but if its a trend then its only fair that it be noted.

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At the end of the day this is all National's own fault. Too little too late, no talent and a hubristic arrogant assumption that that were destined for - nay owed - three more years of power. No doubt National will be back at some stage (probably under Collins God help us) and hopefully they will learn something from this. But for now let's try and fix this country because it is far and away nowhere near the country I came back to 9 years ago...

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sounds like you didn't buy a house ayn .. too bad

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Ah pheasant you would be wrong there, lovely house it is too

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A thirty something Prime Minister elect with nine years experience (and I have to ask just what did she achieve in that time) joining with a seventy year old seasoned veteran politician who will be her deputy ( does anyone remember he didn't even win his own electoral seat). ..oh yes, it is going to be interesting.

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John Key had only 5 years when he got the National leadership and 6 when he became PM. He was a currency trader - not much more advanced than a bookie at the races

Jacinda has far more political experience than Key ever had at that stage
Take your blinkers off and give her a chance

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Struggling to understand why anyone on here is either jubilant in victory or despondent in defeat. There are no winners based on this result, nor would there have been if the decision had been National. Sure Labour held the parcel when the last layer of paper was taken off but all they unwrapped was a hand grenade. We have a fragile coalition made up of two minority parties who loathe each other with a raw and untested leader who has to rein in a seasoned and experienced political operative whilst dealing with an opposition who is almost as large as the government. Two questions, are we Australia in disguise and when you sell your soul to the devil can you ever get it back? May you live in interesting times indeed...

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Summed up my thoughts very well. MMP has delivered and we're left holding the ugly baby

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Interesting point made by David Seymour.

With little hint of policy, and vague attacks on ‘capitalism’, New Zealanders now face a weak left-wing coalition beholden to a madman on the loose.
Winston Peters’ perverse marriage with Labour and the Greens threatens countless groups: taxpayers, Auckland infrastructure users, millennials, immigrants and the businesses relying on them, and more.
If this coalition governs as it campaigned, then New Zealanders face a big-spending, tax-everything-that-moves, 1970s-protectionist, red-tape-loving Government.
ACT’s role outside of government will be to condemn left-wing lunacy, but also to challenge National when it is drawn into the chaotic coalition’s politics of bribery and ad-hoc regulation.
The silver lining for the centre right is that the three-ringed circus is likely to fall apart – perhaps even before its three years are up. The Greens and New Zealand First despise each other, and Winston Peters has caused chaos in every government he’s joined. New Zealanders may face an election sooner than they think.

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Come on Perry, save the complaints for a party conversation, the world is loaded, it’s lit to pop and nobody is gonna stop...; )

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>"...condemn left-wing lunacy"

The first thing you faux-capitalists need to do is refund the taxpayer the cost of your education and renounce taking the pension. Get a bit more real.

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Great -- cue total shambles in every aspect of government as Winston runs rings around the naive, inexperienced ingénue.

And now we taxpayers get to bankroll universal supergold bribes for all over 65s, and substantial cuts to immigrants who pay their way, while at the same time significantly increasing the number of muslim refugees in NZ society... cos after all, that's working out so well in Europe after all isn't it?

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Chicken Little anyone ??

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I did not hear these moans when Johnny Key boy was doling out corporate welfare.....

Fearmongering is the last resort of the elitist "born to rule" brigade

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There were *plenty* of criticisms of corporate welfare in this newspaper. 

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The MMP dog has just vomited up the worst it is capable of, this looks to be the kind of unstable, volatile governments you see in Italy. While the spectacle maybe entertaining for the scribes and googly-eyed journalists of parliament, it could take a wrecking ball to the economy in short order.

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How impressive was Bills speech after the result. Truly statesmanlike,
If he had shown that before the election things might have been different.
Its a shame politics is so much about superficials and not substance.
In WP do we have a new Trump on our hands?. He will certainly want many more mirrors in the behive. Buy Metro Glass?

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NZ First 7% of the vote - Ends up with 20% of the Cabinet (4/20) along with Deputy Prime Ministerialship - That's truly proportional isn't it??

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Don’t worry, the cabinet will grow.

Labour is good at increasing the size of government, increasing the number of Ministers ( both in and out of Cabinet) is just the start.

That said I remain optimistic about the future of NZ . The young Labour polticians will benefit from the experience and Comonsense of NZF. However I would be more confident if it was Cullen holding Labours purse strings.

If this coalition fails to deliver it will probably be the end of NZF and the Greens in the next election as they won get 5% vote . This will consign Labour to many years in opposition. I only hope a period in opposition knocks some of the arrogance out of National and gives Bill the opportunity to cut some of the deadwood of the National front bench and develop some progressive policy.

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Nats/Labour, i am somewhat indifferent however this places the Greens way to close to any potential power that they are capable of managing or i am comfortable with.

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Hmm... James Shaw vs Stephen Joyce... I know who I would trust to have a bit of power

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No issue with James Shaw, unfortunately he has very limited ability to temper a committee of ideologues with no sense of what damage this mad mob will do to the NZ Working class.

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True, not the fellow who failed multiple economics papers, was in radio but couldn't understand music copyright, and invented an imaginary $11 billion hole.

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Yet sold his company for $6 million...so who's the dumb one?

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Methinks "Bob"?

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What a mess. Winston Peters for the last time listen, the majority of people did not’ vote for change’.That statement sums up your populist style of politics, which are old fashioned, regressive and out of touch. Winston is determined to take the country with him on his mystical and miguided trip to the ‘good on days’ that weren’t.

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Might be unpalatable to some but Live With It people !
NZ is and will still be a great place to live.

The "Born To Rule" Blue Brigade have not got their way but the sky is not falling !

Time to rethink their archaic FFP strategy.
Also time to dump Joyce and the Crosby Textor playbook and get a dose of reality about MMP. Understand the rules and play by them.
You cant dump from a height on the people you want to form a coalition with after the election. Just does not work does it ?

Its about forming partnership not beating the other to a pulp and then trying to give them life support post election to help you limp along in a coalition. Only the Nats tactic to blame here !

Time to farm out Joyce, Brownlee, Collins, Coleman and others if you want to come back in 3 years. Bill is the only honest credible guy in the Nats lineup.

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...don't forget Bennett...

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Finally a sensible comment. Too many chicken little's around this morning, everyone needs to take a breath and realise that the wheels of govt grind far too slowly for any disaster to happen in the next three years. Within 12 months most of the govt will be captured by their departments anyway, independent thinking will go out the door and they'll drift even closer to the centre than they already are.

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That is as ridiculous as your comments re 'corporate welfare' the push back on "corporate welfare" was led by NBR and totally supported by myself and many others.
As for your comments re MMP. Yes they are the rules and we will/must work within them.
But how you dare imply they are "fair". They are not.
Imagine if we conducted the Olympics under a "mmp" system.
Mr English finishes first and wins the Gold+5 points.
Ms Adern comes second, gets silver and 4 points.
Mr No runs a dimal third, bronze and 3 points.
Mr Green, fourth and 2 points.
Mr TOP struggles into fifth place and 1 point
Mr ACT still running.
So under "MMP" 2nd, 3rd, and fourth say, "Nah, we have 9 points, Mr English has 5, we take the Gold, Mr English loses".
They take the Gold medal??????

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This is a ridiculous analogy. A running race is conducted to see who can run the fastest. An MMP election is conducted to decide which combination of parties has the will of the majority of the population to form a government. The majority of the population of NZ voted for the three parties who will form the government.

Get over it.

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I thought the election was a contest between political parties for the peoples support?
And Mr English won with 44%, 2nd place getter Ms Adern gets 34% and becomes PM?
But hang on this is MMP, where it is perfectly legal and proper for the second place getter to bribe the 3rd place getter away from the first place getter and finally prove that losers can be winners.

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So what you're saying then Anon, is that MMP elections are run to give the losers a chance to form the government, correct?

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To both John and Steve - you don't get it do you ?

44% does not make you a "winner" to rule alone. Its not FPP - FPP is dead- RIP - period !

Its about forming a majority in parliament under MMP - that's the crux of the matter here.
The majority of NZers (the true Winners by overwhelming majority) voted for MMP twice - so just live with it.

Winston said last night that he was in a coalition government that had less than 40% of the votes - yet they still ruled successfully. So what's changed now - simply the fact the colour of coalition is different ?

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Mr Sane please, just what about 44% versus 34% don't you understand.
When I went to school 44% is close to beating 34% by a whopping 10 points or by 31% of what labour got!!!
You can go on all about MMP for all you are worth. But facts are facts. They are there for all to see. They will not be papered over.
Read the Headlines in one Aussie paper.
NZ Gets a Coalition of the losers.
Note that word, "losers", get used to it, you will hear it often I fear..

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He's never going to get it people....

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The TRUTH is:
NZ has now a Government.
A Government that is a coalition of the election losers.

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MMP is a team sport, so just like equestrian you might have the best rider in the event but if the rest of the team are s**t you can still lose. ACT, United and Maori party just did not cut it.

In the 1960s the All Blacks played the Lions and WON 18-17. 6 penalties to 4 tries. Many people felt the Lions had a moral victory. But the result is still a win to the All Blacks. If the aim of politics is to secure control of the treasury benches then National LOST.

If you don't believe this then watch which team gets swarn in as the government.
Get over it.

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MMP "team sport'!!
We had an election, remember?? The losing parties formed a coalition to garner greater than 50% Remember? As a consequence "the coalition of losers" will be sworn into government.
I repeat;
the truth is;
NZ has a Government.
That Government will be a coalition of the election losers.
what part of the word "election" don't you understand?

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So we now have a dysfunctional Labour party. An extreme Green party, and a party led by an old man that packs a sad if someone so much as looks at him the wrong way. Yeah it looks like all the things needed for a stable govt. It will be interesting to see if this lot last three years. Another election in a years time maybe?

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Hi Winnie, you will be looking for foreign buyers when you need to sell your $2million house in posh St Mary’s Bay. Good luck!

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I'm a business owner and always remain optimistic about the future. That's what a good leader should do. To hear Peter's become a merchant of doom regarding our economic future, sent a chill down my spine. Such prophecies become self-fulfilling. The guy has taken leave of his senses

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The wisest post I have read today. 10/10 Sir.
NBR. Please award both balloon AND cigar to Mr Marsden.

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Misquoted again !!
He was talking about a global meltdown that could affect NZ - not the NZ economy going into a meltdown on its own.
With overpriced assets and the asset bubble ( including houses) - its just a matter of time isn't it ?
1987-1997-2008- ????

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Let the borrowing commence. So we're about to do the kiwi thing and put it all on the house, so to speak. I hope there won't be a problem paying it all back. I suppose Labour will do what they've always done, put everyone's taxes up to pay for it. Everyone except the bums, that is.

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Labour ran 9 years of surplus last time......sorry your bias is amazing.

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That 9 years of surplus was due to a booming world economy. Labour just rode on the back of it, while at the same time ignoring the rising cost of living, and then being voted out for that reason. Your bias is amazing.

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Sweet revenge for Winston after being kicked out of Cabinet for being a pratt

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Why is it that child poverty has become such a big issue - Surely it stems from the parents.
If you cant afford to bring children into the world why should it be the rest of society that have to pay for.
- Like saying i want a new car, i cant afford it but never mind the govt will pick up the tab for ?

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Ah but a new car not paid for can be "re-possessed", on the other hand a new babe is a living human being that we MUST protect and nourish if the parents are unable or just plain unwilling.
Such is life in NZ. The Governments over the years have, like soft parents, spoilt their subjects with lavish promises that weaken the character to the point we need to import replacements to keep up our standard of living. Human nature? Yes. 'coz any Gov. that attempts any correction is gone next election.
But it still sucks.

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