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New Zealand gets new government promising tax cuts, less red tape | Politics News<\/p>\n
Centre-right National Party forms three-way coalition with the classically liberal ACT and populist New Zealand First.<\/em><\/p>\n<\/div>\n New Zealand\u2019s National Party has agreed to form a coalition government with two other right-leaning parties, heralding a shift towards lower taxes and less government bureaucracy.<\/p>\n The centre-right National Party on Friday signed an agreement to govern in a coalition with the classically liberal ACT and populist New Zealand First parties nearly six weeks after the country held its general elections.<\/p>\n The formal agreement comes after National Party leader Christopher Luxon announced on Thursday that the three parties had agreed to form an alliance.<\/p>\n Under the agreement, Luxon, a former airline executive, will serve as prime minister from Monday, alongside New Zealand First leader Winston Peters as foreign minister.<\/p>\n Peters and the ACT\u2019s David Seymour will share the role of deputy prime minister, with the New Zealand First leader handing over the baton halfway through the parliamentary term.<\/p>\n The coalition\u2019s manifesto includes pledges to cut personal income taxes, train 500 more police within two years, and rewrite the central bank\u2019s mandate to focus solely on keeping inflation low.<\/p>\n \u201cOur government will rebuild the economy to ease the cost of living and deliver tax relief to increase the prosperity of all New Zealanders,\u201d Luxon said on Friday.<\/p>\n \u201cOur government will restore law and order, and personal responsibility, so that Kiwis are safer in their own communities.\u201d<\/p>\n The agreement caps weeks of intense negotiations after New Zealanders voted on October 14 for a change of direction after six years of governance by the centre-left Labour Party.<\/p>\n Luxon\u2019s National Party won 48 of 123 seats in parliament, compared with Labour\u2019s 34. ACT and New Zealand First picked up 11 and eight seats, respectively.<\/p>\n Labour\u2019s outgoing Prime Minister Chris Hipkins held the top job for just nine months, following Jacinda Ardern\u2019s surprise decision to step down at the start of the year.<\/p>\n Ardern won the 2020 election in a landslide but saw her popularity dip amid mounting frustration with the country\u2019s COVID-19 curbs and rising living costs.<\/p>\n<\/div>\n \u0627\u0644\u0645\u0635\u062f\u0631<\/a>
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