Luxon shows his hand – Election 2026 is on 7th November

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Prime Minister Christopher Luxon confirms 2026 election date of November 7

What is most interesting about the date is that they dared not announce it during his State of the nation Speech because it was so meaningless and empty that the Election Date announcement would have overshadowed the entire speech, that’s how vacuous Luxon is.

The next most interesting part is that they clearly don’t believe any of their own hype that the green shoots of recovery are here and are waiting as long as they can in a Hail Mary pass that the economy will turn some mythical corner altho it is never going to turn, as Bernard Hickey points out

The problem for Luxon is his Government is relying on a 1990s and mid-2000s strategy of businesses and households stepping forward to spend their savings and borrow more to invest and spend in shops, car dealerships and in the housing market. Back then, the private sector replaced the Government’s stimulus because spenders were younger and less-indebted, interest rates were cut by more, and businesses used to borrow from banks to expand. Neither have done that since 2019.

…after 2 years National have nothing to show the people other than crony capitalism and culture war revenge fantasies masquerading as social policy.

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This announcement, days after the Speech highlights that National are frightened.

They can’t roll Luxon this close to the election and they are simply hoping the economy responds to their vandalism and mutilation by edging house prices up to ensure their rump voters get out to vote.

That’s all National have, hope and desperation.

 

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