Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

ACT party gains traction ahead of New Zealand's general elections

EditorRachael Rajan
Published 25/09/2023, 20:52

As the New Zealand general elections scheduled for October 14 approach, the right-wing ACT Party is gaining significant traction, which could potentially influence the formation of the next government. The party, led by David Seymour, has seen a surge in popularity that may result in a shift of power, according to recent polls.

David Seymour, who gained public recognition through his participation in a popular dance competition show, is positioned to hold a key role in the ensuing administration. According to projections from recent polls, if the current ruling Labour Party is unseated, Seymour might ascend to a high-ranking position within the new government. His roles could range from a senior ministerial position to possibly even deputy prime minister.

The strong polling performance of Seymour's ACT Party suggests that their support would be crucial for the National Party to establish a governing coalition. This scenario underscores the increasing political significance of the ACT Party in New Zealand's electoral landscape. The potential shift in power indicates an evolving political climate as voters prepare for the upcoming elections on Monday.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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.