New Zealand: Political Volatility under Cost-of-Living Crisis

LONDON, Oct 20 (IPS) - It’s a rapid reversal for New Zealand’s Labour Party, in power for six years. At the last election in 2020 it won an outright majority, the first party to do so under the current voting system. But three years on, it’s finished a distant second in the election held on 14 October. The result speaks to a broader pattern seen amid economic strife in many countries – of intense political volatility and the rejection of incumbents.

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