The biggest winner in today’s new Cabinet line-up from Prime Minister John Key is Simon Bridges, who moves from 18th to ninth in the rankings and picks up the politically important transport portfolio from Gerry Brownlee. Returning to the environment portfolio, previously held by Amy Adams, is Nick Smith, signalling a softening in the government’s intended reforms to the Resource …
Read More »Tag Archives: Post Election Coverage
NZ dollar rises as investors see financial stability after National election win
The New Zealand dollar advanced after the incumbent centre-right National Party won an outright election victory at the weekend, reassuring investors that current economic policies would continue. The kiwi gained to 81.49 US cents at 8am in Wellington, from 81.24 cents at the New York close and 81.36 cents at 5pm on Friday. The trade-weighted index rose to 78.84 from 78.44 …
Read More »Sean Keane: Fewer political horses being traded will be a good thing for New Zealand
The ruling National Party has been very comfortably re-elected at the weekend’s election in New Zealand, delivering Prime Minister John Key a third three year term as the countries leader. Mr Key’s personal popularity with the electorate was a crucial feature during the election, and despite the various late attempts to throw the campaign off track National were actually able …
Read More »In the Hot Seat: Foreign Investment
Sean Keane: Kiwi general election enters final straight with market clearly favouring 3rd term for the government
Would-be Kiwi politician Kim Dotcom’s “moment of truth” passed with some concerning (but not unexpected) revelations about government spying activity in New Zealand. Despite the heavy press presence and the rather dramatic way in which the “evidence” was unveiled, there didn’t appear to be much that would have surprised the Prime Minister, or which will hurt him in the last …
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