SG on the New Zealand election ... see more upside ahead for AUD/NZD

Despite what Seymour says neither major party has signalled the role of Prime Minister is on the table. In fact both

Despite what Seymour says neither major party has signalled the role of Prime Minister is on the table. In fact both

Winston Peters is refusing to identify the members of the New Zealand First board who will decide the country's next government.

Contacted by that route, he was not enthusiastic about releasing the names of the governing members of the political party holding the key to whether or not the National or Labour Party will lead the next government, with a deadline of Thursday imposed by Peters for a decision.

With Labor-Green on 54 seats and National on 56 seats, both will need NZ First's nine seats to meet the 61 seats needed for a majority in parliament in New Zealand's proportional representation system. "If you haven't got a serious consensus, stay there until you get one". "It's a yes", he said. It wants to ban overseas buyers from purchasing existing homes as it tries to tackle what it has described as a housing crisis in New Zealand.

The small nationalist New Zealand First party holds the balance of power after an inconclusive election on September 23.

He won't go as far as to confirm it will be on Friday. The Kiwi was trading at $0.7103 mid-afternoon on Thursday after hitting a four-month low earlier this week. For some, it was "personal" that they were members of the NZ First board although their membership was "not a secret" and their identities would become clear once they had been consulted and a government formed.

Peters, a colorful 40-year political veteran who has in the past has taken senior roles in both Labor and National governments, has set a self-imposed deadline of October 12 to announce which party he will support.

When asked when he would be making the announcement Peters said they still have "a few logistical things to workout but as soon as possible after that". "More like 1996 than 2005".

Peters remained tight-lipped after talks with the prime minister, saying the meeting was "fine", and later met Labour Party leader Jacinda Ardern.

New Zealanders' agonising wait for a general election victor is set to enter a third week, as populist "kingmaker" Winston Peters on Thursday again delayed announcing who he was backing.

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