Kiwibank $500M cap raise landing flat and the flightpath for the new Air NZ chief executive
Act minister David Seymour and Green MP Chlöe Swarbrick join Ryan Bridge on Herald NOW to discuss oil and gas exploration, the nurses' strike and electoral law changes.
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Dunne's Weekly: Oppositions Seldom Win, But Governments Often Lose
That Oppositions do not win elections, but governments lose them is a well-established political maxim. Elections are essentially a judgement on the performance of the government of the day. Seldom does the capability of the Opposition to govern come into the calculation, if the government has lost public favour. Elections are therefore more about getting rid of an unpopular government than the risk of installing an often-unprepared Opposition in power. Moreover, voters often have short memories. A recent poll showed many people believe it is time for another group of parties to govern in New Zealand, despite it being less than two years since that same group was unceremoniously turfed out of office and does not yet seem to fully appreciate the reasons why. Indeed, although the Opposition has not yet released any specific policy, its general attitude seems to be that it will just pick up where it left off last time and resume the same sort of policy approach and style of government voters rejected so clearly at the last election. That is why Labour was able to get away last week with criticising the government's handling of the ongoing cost-of-living crisis without offering any alternative of its own, because, frankly, as the Opposition, its views do not matter. Next year's election will be more a referendum on the government's performance than a critique of the Opposition's alternative. This is not unique to New Zealand. Last year's Labour landslide victory in the British general election was more a repudiation of fourteen years of Conservative rule, than an endorsement of Labour. Now, having rejected the Conservatives so overwhelmingly, and to date being less than impressed with Labour's offering, it is hardly surprising that British voters are flocking in droves to the untried Reform Party. The New Zealand equivalent of that phenomenon has been the increase in support for minor parties, New Zealand First and the Greens in particular. So much so that the next election, and which parties form the next government, could come down to how well the minor parties perform, rather than the major parties they could be expected to align with in government. Given that context, it is not altogether surprising that there is mounting speculation the current government could be the country's first one-term government in 50 years. But, so far, the evidence for that happening is not strong. The National/ACT/ New Zealand bloc has led in most opinion polls since the end of 2021. Today, the latest rolling average of polls shows the coalition government ahead of its rivals by just under 4%, and still able to form a majority government. At the same point in the electoral cycle three years ago, the then Labour Government was trailing the then-Opposition National/ACT/ New Zealand bloc by just under 5%. Nevertheless, National's position is precarious. Its vulnerability, which this column has highlighted many times previously, is its increasing dependence on its coalition partners to get across the electoral line. Until recently, the Prime Minister has shrugged this point aside, saying it is just one of the realities of MMP. However, in recent weeks there has been a perceptible change in the government's tempo, with a slew of major policy announcements from National in a variety of areas, from a new infrastructure plan, a new funding model for general practices, an end to building open-plan classrooms, and even the controversial changes to electoral enrolment provisions, National has shown a new determination in seeking to dominate the political agenda on its terms. No longer does it seem happy to let its coalition partners control the policy agenda as they appear to have done throughout the government's term. With the election just over a year away National looks to have moved centre-stage in terms of the government's performance. It knows that to win the next election the coalition government needs to first lock-in the support of those who voted for it last time, before trying to drag in additional other voters from across the political divide. So, National's current moves are a deliberate attempt to claw back supporters who may have deserted it for ACT or New Zealand First, because they have seen them as more boldly defined. Without locking-in that core government support into National's column, National's position will become shakier and its prospects more uncertain. Things are not quite as challenging for Labour, however. Because it is in its first term in Opposition and because one-term governments are a rarity – only two (both Labour) in the last century – while there may be increasing hope, there is not yet any real expectation that it can win in 2026. That immediately relieves some of the pressure of expectation of returning to office so quickly. Similarly, because governments lose elections rather than Oppositions win them, the level of scrutiny on Labour's promises will always be less than that on the government's promises. That will change a little as the election nears, but for Labour, right now, the longer it can keep getting away with criticising the government and not offering any constructive alternative, the better. None of this means a Labour-bloc victory at the next election is unlikely or impossible. With polls showing increasing disapproval of the country's current direction, it must be acknowledged there is a greater chance of this occurring. And yet again, it will be a case of the government losing, rather than the Opposition winning.
