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Chris Hipkins overtakes Christopher Luxon as preferred prime minister in Taxpayers' Union-Curia poll (www.rnz.co.nz)

submitted 1 week ago by Ilovethebomb@lemmy.nz to c/politics@lemmy.nz

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Given that it's extremely rare to have a single term government in NZ, to be polling behind the opposition not even half way through your term is a dramatic swing in public opinion.

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[–] terraborra@lemmy.nz 5 points 1 week ago* (last edited 1 week ago) (1 children)

I agree that both of those things had an impact. However, the Enabling Housing Supply and Other Matters Bill was passed by the previous Labour government with support from National.

Interest rates are also set by the Reserve Bank which is almost wholly independent of the government of the day. The Minister can only appoint the Chairman but all monetary decisions are made by the monetary policy committee and politicians have no say over those decisions.

[–] Ilovethebomb@lemmy.nz 2 points 1 week ago

You're right, very little of what National did helped, but labour achieved exactly the same thing.