Winston Peters is the leader of the New Zealand First party, who will hold the balance of power in parliament.
- He had a self-imposed deadline to announce which party he would support the Thursday, October 12,
- But he told the local media that he might not be ready by then
So, the saga stretches on.»The Coalition talks may be completed by Thursday, but the result is now not expected until some time after that,» BNZ bank said in a research note. «Therefore, the uncertainty of government formation hangs over the NZD for some time yet.»