On the night of October 17, 2020, I like five million other Kiwis, watched the general election results roll in. Based on pre-election polls there was little doubt that Labour would form the government again. the New Zealand markets were unrattled by the result and looked pretty steady with investors relaxed after the Labour Party secured a historic majority in the general election.
A second-wave wobble | COVID-19 special focus
By now, most people are aware that our world – especially the situation with COVID-19 pandemic – is changing and developing lightning fast. A mystery COVID-19 outbreak in Auckland on 11 August has forced the government to postpone the dissolution of parliament as the country’s alert levels changed at noon on 12 August.
Should investors bother about election results?
The 2020 New Zealand general election will be held after the currently elected 52nd New Zealand Parliament is dissolved or expires. It is a chance for Kiwis to vote for not only who will lead our country for the next three years but also who will take charge of our COVID-19 economic recovery.