AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

WELLINGTON: Just three years after entering politics, former businessman Christopher Luxon is set to lead New Zealand to the right as prime minister-elect, ending six years of Labour-led centre-left government.

The former Air New Zealand chief executive, Luxon became leader of the centre-right National Party at the end of 2021, boosting its popularity until winning Saturday’s general election.

National won 50 seats and its preferred coalition partner, ACT New Zealand, won 11, securing a majority of one seat in the 121-seat parliament, according to provisional results from the Electoral Commission.

Final results are due Nov. 3. Luxon, who held senior roles at global consumer goods firm Unilever and delivered consistent profits running Air New Zealand from 2012 to 2019, has said he would use the skills he bought to managing businesses to improve New Zealand.

The 53-year-old has promised to curb historically high inflation and reduce government debt by cutting spending and narrowing the central bank’s mandate to targeting inflation, in order to help financially stretched middle-income families.

“I want to bring the country together, I want to actually make sure that we are focussed on delivering outcomes for New Zealanders,” Luxon told a press conference, dressed in an All Blacks jersey after watching the national rugby team win a dramatic World Cup quarter-final.

“I’m a person who likes to bring teams together and make sure that I get the best out of that team and use all the skills in that team, so that’s my mode.”

In a country where almost half the people say they have no religion, Luxon has faced scrutiny for saying he was Christian and has had to defend stances such as personally opposing abortion. He has committed to maintaining legal abortion and supported same-sex marriage.

Australia, NZ dollar rally takes a breather, bonds keep going

“Faith is deeply personal, but I am not there to act in the interests of one faith, one group, one person or one belief system. I’m there to represent all New Zealanders,” Luxon told Reuters earlier this year.

A millionaire father of two with several homes across the country, Luxon is learning the Maori language and is a Taylor Swift fan, quoting her in televised debates and interviews.

Although well-travelled, he is largely untried on foreign policy.

Luxon has strongly supported Ukraine in its invasion by Russia, in line with New Zealand’s traditional allies.

He has said there will be little change in New Zealand’s foreign policy.

Comments

Comments are closed.