You are here

Too-close-to-call Kiwi election spooks financial markets

As the campaign enters its final week, there's a real chance that 37-year-old Jacinda Ardern (above) could lead Labour to victory in the Sept 23 ballot and usher in policies including immigration cuts, new taxes and increased welfare spending.


NEW Zealand's election is too close to call but one thing is clear: financial markets don't want change.

The kiwi dollar has dropped whenever opinion polls show the main opposition Labour Party is ahead, while the currency jumped a full US...