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25 September 2017 3:20 AM Scoop Business » NZ stocks, dollar tread water after election

Sept. 25 (BusinessDesk) – New Zealand markets are treading water as coalition talks get underway after Saturday’s general election although sentiment is also being weighed on by offshore events. Preliminary results show New Zealand First party leader Winston Peters firmly in a kingmaker position as all parties fell short of the necessary 61 seats to secure

25 September 2017 1:47 AM MARKET REACTION: NZ stocks, dollar tread water after election amidst uncertainty

New Zealand markets are treading water as coalition talks get underway after Saturday's general election although sentiment is also being weighed on by offshore events. Preliminary results show New Zealand First party leader Winston Peters firmly in a kingmaker position as all parties fell short of the necessary 61 seats to secure a parliamentary majority

25 September 2017 1:37 AM The Green Party makes it back into Parliament

It's a bittersweet re-entry for co-leader James Shaw who says he has lost some great colleagues but is looking forward to working with some of the party's new entries. He says the focus now for his party is furthering its relationship with Labour. "On balance, it makes far more sense for us to try and form a government with Labour. I was really clear

25 September 2017 12:28 AM Sad end for Maori Party co-leader

Te Ururoa Flavell will step down as co-leader immediately and end his political career after his Maori Party failed to wins any seats in Parliament in Saturday's election. However, Mr Flavell was optimistic the party could rise again - and believe a term "in the wilderness'' could even help it by reminding Maori of the importance of having the party's

24 September 2017 5:19 AM Labour steal back Chch seat from quake minister

The Labour Party have seized back the Christchurch Central electorate in possibly the city's most exciting contest. Labour candidate Duncan Webb won the seat by just over 2200 votes from incumbent Nicky Wagner, who is Minister for Greater Christchurch Regeneration. Christchurch Central was a Labour stronghold since the 1940s, until the 2011 election 6

24 September 2017 4:43 AM NZ dollar in for volatility with govt still unclear

The New Zealand dollar is set for more volatility in coming weeks after the election left New Zealand's major parties with no majority to govern, forcing them to enter negotiations with the nationalist New Zealand First Party. The National Party secured the largest number of votes in Saturday's election but two of its possible allies lost seats in parliament

23 September 2017 11:07 PM New Zealand election: Winston Peters 'kingmaker' in hung parliament as nation awaits result

The votes have been counted and New Zealanders have had their say, but the dust is far from settled as the nation eagerly awaits news on who will form government, Josh Bavas writes. The votes have been counted and New Zealanders have had their say, but the dust is far from settled as the nation eagerly awaits news on who will form government

23 September 2017 9:53 PM Ardern confident in Labour-NZ First-Greens govt

Labour leader Jacinda Ardern says she is confident a Labour, NZ First, Greens government could provide stable government despite having just a one-seat majority. Ms Ardern said she was due to speak to Green co-leader James Shaw on Sunday afternoon but it was clear that NZ First leader Winston Peters wanted some time before any conversations were held. She denied 10

23 September 2017 5:29 PM Coffey wins Waiariki; Flavell and Maori Party out

Labour's Coffey is the new Waiariki MP with incumbent Te Ururoa Flavell out of Parliament - along with the Maori Party. A tearful Flavell, his party's co-leader, has just given a concession speech at Waiteti Marae thanking his supporters. The crowd at Hinemihi Marae, where Coffey and the Labour Party supporters are gathered, fell silent as they watched

23 September 2017 4:02 PM Decision now lies with Peters

National and Labour had been almost neck and neck in opinion polls, with charismatic 37-year-old Jacinda Ardern almost single-handedly dragging Labour back into the race after taking over the party's leadership in August. National took 46% of the vote, the Electoral Commission said, while support for Labour was 35.8%. A final tally including overseas 1