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Story perspectives

National and Labour Neck-and-Neck in Tight Poll Race

9/30/2025

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Story summary
  • A September poll has National-led at 48.5% and Labour-led at 47.5%, signaling a tight race.
  • In a 120-seat Parliament, each bloc would win 60 seats, with no majority.
  • Demographics shift: younger women favor Labour; older men and women lean National.
  • The Reserve Bank's rate cut may boost government support despite a 0.9% GDP contraction in June 2025.