NZ election cliffhanger: National and Labour neck-and-neck, minor parties hold balance

New Zealand's 2026 general election is too close to call, with early counts showing National at 31.2% and Labour at 28.4%, and no coalition on track for a majority. Minor parties—Greens, ACT, NZ First, and Te Pāti Māori—are positioned as kingmakers, making the final coalition arithmetic highly uncertain. The outcome will determine the shape of the next government and its policy direction.

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