Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

NZ's Ardern says she'll step down as party boss if she loses election

Published 10/15/2020, 01:11 AM
Updated 10/15/2020, 04:50 AM
© Reuters. FILE PHOTO: Prime Minister Jacinda Ardern addresses her supporters at a Labour Party event in Wellington

By Praveen Menon

WELLINGTON (Reuters) - New Zealand's prime ministerial hopefuls clashed on Thursday in their last debate before a general election that Prime Minister Jacinda Ardern said if she does not win, she will resign from the leadership of her Labour Party.

An opinion poll on Thursday showed Ardern, 40, had a comfortable two-digit lead over her main rival, National Party leader Judith Collins, and was on course to win Saturday's election on the back of her success in tackling the novel coronavirus in New Zealand.

In addition to her pandemic response, Ardern has won support at home and global admiration for her response to last year's attack by a white supremacist on two mosques and a fatal volcanic eruption.

The closely watched 1News-Colmar Brunton poll on Thursday showed support for Ardern's party slipped 1 percentage point to 46% from the previous poll on Oct. 8 but maintained a 15-point lead over the National Party, which slipped a point to 31%.

This means Labour would have 59 seats in parliament, just short of the 61 needed to form a government on its own.

Labour's likely coalition partner, the Green Party, bounced back to its highest level since 2017 with a support of 8%, which would give it 11 seats.

If the parties join hands that would produce the country's first pure left-leaning government since 1999.

Labour's other current coalition partner, the nationalist New Zealand First, led by Deputy Prime Minister Winston Peters, got an uptick to 3% but that still leaves it on course to exit parliament with no seats.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"I will make whatever New Zealand voters deliver, work," Ardern said in the debate when asked if she would work with Greens or NZ First.

"What I am very clear on is that we will get things done faster, with a strong mandate and that's what I'm asking for Labour."

Ardern said Collins' assertion that child poverty had become worse was "factually incorrect" and said she was spreading misinformation by saying Labour would introduce a wealth tax.

Ardern also declared if her party loses, she will not stick on as leader of opposition.

"My message would that be if people don't want to see me resign, then vote for Labour," she told media after the debate.

Despite her success in handling crises, questions have been asked of Labour's credentials to tackle the looming economic crisis.

Collins has focussed her campaign on the financial challenges ahead as unemployment rises, recession looms and the government's coronavirus support packages expire.

The 61-year-old conservative has warned a left-leaning coalition would mean more taxes and a business-unfriendly environment.

"We are moving into very difficult economic times. We need a party that understands business and makes decisive decisions about what happens in our economy. So our plan is all focused on the economy," Collins said.

Ardern's popularity as preferred prime minister has jumped to 55%, leaving Collins behind at 20%, the polls showed.

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.