Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

NZ First leader says his party holds balance of power in New Zealand elections

Published 23/09/2017, 08:10 pm
© Reuters.  NZ First leader says his party holds balance of power in New Zealand elections

WELLINGTON, Sept 23 (Reuters) - Populist New Zealand First Party leader Winston Peters said on Saturday evening that he believed his party would decide the next government after the hotly contested national elections.

Peters reiterated that he would not rush into a decision on whether to support the incumbent National Party, which has ruled for nine years, or the centre-left opposition Labour Party.

Peters said he would not say this evening or tomorrow who he would support and that his party would not rush into a decision.

Votes cast for the ruling National Party reached 46.4 percent with 80 percent of results counted by the Electoral Commission. National would likely need New Zealand First's support to form a government, based on those results.

The final result that includes all votes will not be released until Oct. 7.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.