Labour had an even chance as National to form a government after inconclusive elections on Sept. 23 gave neither party enough seats to form a majority in parliament. “Their tighter immigration proposals and more restrictive housing policy all suggest economic growth could be a little bit weaker than the Nationals’ policy,” Paul Dales, chief Australia and New Zealand economist at Capital Economics, said of Labour. “Labour has always believed that government should be a partner in ensuring an economy that works and delivers for all New Zealanders,” Ardern told reporters. Labour made tackling what it calls a housing crisis a priority during its election campaign. “This shows that Winston Peters wants to make some radical changes in New Zealand,” said Bryce Edwards, political analyst at Critical Politics in Wellington.

Source: bd News24 October 19, 2017 11:03 UTC