New Zealand election: Jacinda Ardern’s Labour Party scores landslide win


New Zealand Prime Minister Jacinda Ardern won a landslide victory over the weekend in the country’s general election.

Ms Ardern’s centre-left Labour Party won 49.1%, bringing a projected 64 seats and a rare outright parliamentary majority.

The centre-right National Party won 26.8% in Saturday’s poll just 35 seats in the 120-seat assembly.

The poll was originally to be held in September but was postponed by a month after a renewed Covid-19 outbreak.

NZD/USD is expected to find a bid on the outcome for the day ahead.

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