Recent polling averages for New Zealand’s 7 November 2026 general election under the MMP system show the incumbent National-ACT-NZ First coalition and Labour-Greens-Te Pāti Māori opposition blocs trading narrow leads or producing hung-parliament scenarios, keeping implied probabilities for the two leading coalition outcomes nearly even. Voter concerns over cost-of-living pressures and economic performance have eroded support for both major parties, while minor-party movements—particularly NZ First gains and Opportunity Party polling near the 5% threshold—create multiple kingmaker paths. Prime Minister Christopher Luxon’s survival of a recent caucus confidence vote has stabilized the government side in the short term, yet ongoing coalition tensions and Labour’s targeted policy releases on small business and transport continue to sustain competitive dynamics. Further separation is most likely to emerge from the final round of seat-projection polls, threshold-clearing by smaller parties, or shifts in economic indicators before election day.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWhich coalition will form the next New Zealand government?
Which coalition will form the next New Zealand government?
National + ACT + NZF 33%
Labour + Green 32.5%
Labour + Green + Maori 25%
Other 9.4%
$45,888 Vol.
$45,888 Vol.
Nov 7, 2026
Labour
<1%
Labour + Green
32%
Labour + Maori
1%
Labour + NZF
<1%
Labour + Green + Maori
25%
Labour + Green + NZF
1%
Labour + Maori + NZF
<1%
Labour + Green + Maori + NZF
1%
National
<1%
National + ACT
<1%
National + NZF
<1%
National + Maori
<1%
National + ACT + NZF
33%
National + ACT + Maori
<1%
National + NZF + Maori
<1%
National + ACT + NZF + Maori
<1%
National + Labour
1%
Other
9%
National + ACT + NZF 33%
Labour + Green 32.5%
Labour + Green + Maori 25%
Other 9.4%
$45,888 Vol.
$45,888 Vol.
Nov 7, 2026
Labour
$1,292 Vol.
<1%
Labour + Green
$3,887 Vol.
32%
Labour + Maori
$1,296 Vol.
1%
Labour + NZF
$1,262 Vol.
<1%
Labour + Green + Maori
$4,740 Vol.
25%
Labour + Green + NZF
$1,486 Vol.
1%
Labour + Maori + NZF
$1,243 Vol.
<1%
Labour + Green + Maori + NZF
$1,815 Vol.
1%
National
$1,172 Vol.
<1%
National + ACT
$1,874 Vol.
<1%
National + NZF
$1,659 Vol.
<1%
National + Maori
$1,237 Vol.
<1%
National + ACT + NZF
$6,484 Vol.
33%
National + ACT + Maori
$1,247 Vol.
<1%
National + NZF + Maori
$1,161 Vol.
<1%
National + ACT + NZF + Maori
$1,353 Vol.
<1%
National + Labour
$1,114 Vol.
1%
Other
$11,565 Vol.
9%
A general election is scheduled to be held in New Zealand on November 7, 2026.
This market will resolve to the first ruling coalition of parties that forms after the next New Zealand general election.
A party will only be considered part of the ruling coalition if it participates in the governing coalition and provides at least one Cabinet minister. Parties that merely support the government from outside Cabinet, including through confidence-and-supply agreements or similar arrangements, without holding a Cabinet post will not qualify.
The following parties will be considered for this market: ACT New Zealand (ACT), Labour Party (Labour), Te Pāti Māori (Maori), National Party (National), Green Party (Green), and New Zealand First Party (NZF). All other parties will not be considered.
Resolution will be based on the listed option that most completely matches the parties included in the coalition. If the coalition formed after the election includes all of the parties listed in a market option, along with any other parties, that option will resolve to “Yes” unless there exists another market option that more completely covers the coalition. A listed option will not resolve to “Yes” if any of its listed parties are not included in the coalition.
For example:
- If the governing coalition includes Labour + Green + ACT, but no option explicitly lists those three together, the market will resolve to “Labour + Green” if that option is listed and no listed option more completely matches the coalition.
- If the governing coalition includes National + ACT + NZF, the option “National + ACT + NZF” will resolve to “Yes”, while “National + ACT” will resolve to “No”.
In the event that the ruling coalition includes all parties for multiple market options, and each option contains an equal number of coalition parties, the tie will be resolved in favor of the option whose listed parties together hold the greater number of seats in the newly elected House of Representatives. If this presents another tie, this market will resolve in favor of the listed option whose parties received the greatest number of valid party votes.
If any party forms a single-party majority government, the listed option for that party will be considered the governing coalition.
If the governing coalition does not include all parties in any listed option, this market will resolve to “Other”.
This market may resolve once the first government is officially confirmed following the appointment of the Prime Minister and ministers by the Governor-General after the 2026 New Zealand general election, with ministers appointed under non-caretaker circumstances.
If the next New Zealand ruling coalition after the election is not confirmed by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”.
This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the government of New Zealand.Recent polling averages for New Zealand’s 7 November 2026 general election under the MMP system show the incumbent National-ACT-NZ First coalition and Labour-Greens-Te Pāti Māori opposition blocs trading narrow leads or producing hung-parliament scenarios, keeping implied probabilities for the two leading coalition outcomes nearly even. Voter concerns over cost-of-living pressures and economic performance have eroded support for both major parties, while minor-party movements—particularly NZ First gains and Opportunity Party polling near the 5% threshold—create multiple kingmaker paths. Prime Minister Christopher Luxon’s survival of a recent caucus confidence vote has stabilized the government side in the short term, yet ongoing coalition tensions and Labour’s targeted policy releases on small business and transport continue to sustain competitive dynamics. Further separation is most likely to emerge from the final round of seat-projection polls, threshold-clearing by smaller parties, or shifts in economic indicators before election day.
A general election is scheduled to be held in New Zealand on November 7, 2026.
This market will resolve to the first ruling coalition of parties that forms after the next New Zealand general election.
A party will only be considered part of the ruling coalition if it participates in the governing coalition and provides at least one Cabinet minister. Parties that merely support the government from outside Cabinet, including through confidence-and-supply agreements or similar arrangements, without holding a Cabinet post will not qualify.
The following parties will be considered for this market: ACT New Zealand (ACT), Labour Party (Labour), Te Pāti Māori (Maori), National Party (National), Green Party (Green), and New Zealand First Party (NZF). All other parties will not be considered.
Resolution will be based on the listed option that most completely matches the parties included in the coalition. If the coalition formed after the election includes all of the parties listed in a market option, along with any other parties, that option will resolve to “Yes” unless there exists another market option that more completely covers the coalition. A listed option will not resolve to “Yes” if any of its listed parties are not included in the coalition.
For example:
- If the governing coalition includes Labour + Green + ACT, but no option explicitly lists those three together, the market will resolve to “Labour + Green” if that option is listed and no listed option more completely matches the coalition.
- If the governing coalition includes National + ACT + NZF, the option “National + ACT + NZF” will resolve to “Yes”, while “National + ACT” will resolve to “No”.
In the event that the ruling coalition includes all parties for multiple market options, and each option contains an equal number of coalition parties, the tie will be resolved in favor of the option whose listed parties together hold the greater number of seats in the newly elected House of Representatives. If this presents another tie, this market will resolve in favor of the listed option whose parties received the greatest number of valid party votes.
If any party forms a single-party majority government, the listed option for that party will be considered the governing coalition.
If the governing coalition does not include all parties in any listed option, this market will resolve to “Other”.
This market may resolve once the first government is officially confirmed following the appointment of the Prime Minister and ministers by the Governor-General after the 2026 New Zealand general election, with ministers appointed under non-caretaker circumstances.
If the next New Zealand ruling coalition after the election is not confirmed by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”.
This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the government of New Zealand.
This market will resolve to the first ruling coalition of parties that forms after the next New Zealand general election.
A party will only be considered part of the ruling coalition if it participates in the governing coalition and provides at least one Cabinet minister. Parties that merely support the government from outside Cabinet, including through confidence-and-supply agreements or similar arrangements, without holding a Cabinet post will not qualify.
The following parties will be considered for this market: ACT New Zealand (ACT), Labour Party (Labour), Te Pāti Māori (Maori), National Party (National), Green Party (Green), and New Zealand First Party (NZF). All other parties will not be considered.
Resolution will be based on the listed option that most completely matches the parties included in the coalition. If the coalition formed after the election includes all of the parties listed in a market option, along with any other parties, that option will resolve to “Yes” unless there exists another market option that more completely covers the coalition. A listed option will not resolve to “Yes” if any of its listed parties are not included in the coalition.
For example:
- If the governing coalition includes Labour + Green + ACT, but no option explicitly lists those three together, the market will resolve to “Labour + Green” if that option is listed and no listed option more completely matches the coalition.
- If the governing coalition includes National + ACT + NZF, the option “National + ACT + NZF” will resolve to “Yes”, while “National + ACT” will resolve to “No”.
In the event that the ruling coalition includes all parties for multiple market options, and each option contains an equal number of coalition parties, the tie will be resolved in favor of the option whose listed parties together hold the greater number of seats in the newly elected House of Representatives. If this presents another tie, this market will resolve in favor of the listed option whose parties received the greatest number of valid party votes.
If any party forms a single-party majority government, the listed option for that party will be considered the governing coalition.
If the governing coalition does not include all parties in any listed option, this market will resolve to “Other”.
This market may resolve once the first government is officially confirmed following the appointment of the Prime Minister and ministers by the Governor-General after the 2026 New Zealand general election, with ministers appointed under non-caretaker circumstances.
If the next New Zealand ruling coalition after the election is not confirmed by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”.
This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the government of New Zealand.
Market Opened: May 4, 2026, 4:10 PM ET
Volume
$45,888End Date
Nov 7, 2026Market Opened
May 4, 2026, 4:10 PM ETResolver
0x69c47De9D...A general election is scheduled to be held in New Zealand on November 7, 2026.
This market will resolve to the first ruling coalition of parties that forms after the next New Zealand general election.
A party will only be considered part of the ruling coalition if it participates in the governing coalition and provides at least one Cabinet minister. Parties that merely support the government from outside Cabinet, including through confidence-and-supply agreements or similar arrangements, without holding a Cabinet post will not qualify.
The following parties will be considered for this market: ACT New Zealand (ACT), Labour Party (Labour), Te Pāti Māori (Maori), National Party (National), Green Party (Green), and New Zealand First Party (NZF). All other parties will not be considered.
Resolution will be based on the listed option that most completely matches the parties included in the coalition. If the coalition formed after the election includes all of the parties listed in a market option, along with any other parties, that option will resolve to “Yes” unless there exists another market option that more completely covers the coalition. A listed option will not resolve to “Yes” if any of its listed parties are not included in the coalition.
For example:
- If the governing coalition includes Labour + Green + ACT, but no option explicitly lists those three together, the market will resolve to “Labour + Green” if that option is listed and no listed option more completely matches the coalition.
- If the governing coalition includes National + ACT + NZF, the option “National + ACT + NZF” will resolve to “Yes”, while “National + ACT” will resolve to “No”.
In the event that the ruling coalition includes all parties for multiple market options, and each option contains an equal number of coalition parties, the tie will be resolved in favor of the option whose listed parties together hold the greater number of seats in the newly elected House of Representatives. If this presents another tie, this market will resolve in favor of the listed option whose parties received the greatest number of valid party votes.
If any party forms a single-party majority government, the listed option for that party will be considered the governing coalition.
If the governing coalition does not include all parties in any listed option, this market will resolve to “Other”.
This market may resolve once the first government is officially confirmed following the appointment of the Prime Minister and ministers by the Governor-General after the 2026 New Zealand general election, with ministers appointed under non-caretaker circumstances.
If the next New Zealand ruling coalition after the election is not confirmed by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”.
This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the government of New Zealand.Recent polling averages for New Zealand’s 7 November 2026 general election under the MMP system show the incumbent National-ACT-NZ First coalition and Labour-Greens-Te Pāti Māori opposition blocs trading narrow leads or producing hung-parliament scenarios, keeping implied probabilities for the two leading coalition outcomes nearly even. Voter concerns over cost-of-living pressures and economic performance have eroded support for both major parties, while minor-party movements—particularly NZ First gains and Opportunity Party polling near the 5% threshold—create multiple kingmaker paths. Prime Minister Christopher Luxon’s survival of a recent caucus confidence vote has stabilized the government side in the short term, yet ongoing coalition tensions and Labour’s targeted policy releases on small business and transport continue to sustain competitive dynamics. Further separation is most likely to emerge from the final round of seat-projection polls, threshold-clearing by smaller parties, or shifts in economic indicators before election day.
A general election is scheduled to be held in New Zealand on November 7, 2026.
This market will resolve to the first ruling coalition of parties that forms after the next New Zealand general election.
A party will only be considered part of the ruling coalition if it participates in the governing coalition and provides at least one Cabinet minister. Parties that merely support the government from outside Cabinet, including through confidence-and-supply agreements or similar arrangements, without holding a Cabinet post will not qualify.
The following parties will be considered for this market: ACT New Zealand (ACT), Labour Party (Labour), Te Pāti Māori (Maori), National Party (National), Green Party (Green), and New Zealand First Party (NZF). All other parties will not be considered.
Resolution will be based on the listed option that most completely matches the parties included in the coalition. If the coalition formed after the election includes all of the parties listed in a market option, along with any other parties, that option will resolve to “Yes” unless there exists another market option that more completely covers the coalition. A listed option will not resolve to “Yes” if any of its listed parties are not included in the coalition.
For example:
- If the governing coalition includes Labour + Green + ACT, but no option explicitly lists those three together, the market will resolve to “Labour + Green” if that option is listed and no listed option more completely matches the coalition.
- If the governing coalition includes National + ACT + NZF, the option “National + ACT + NZF” will resolve to “Yes”, while “National + ACT” will resolve to “No”.
In the event that the ruling coalition includes all parties for multiple market options, and each option contains an equal number of coalition parties, the tie will be resolved in favor of the option whose listed parties together hold the greater number of seats in the newly elected House of Representatives. If this presents another tie, this market will resolve in favor of the listed option whose parties received the greatest number of valid party votes.
If any party forms a single-party majority government, the listed option for that party will be considered the governing coalition.
If the governing coalition does not include all parties in any listed option, this market will resolve to “Other”.
This market may resolve once the first government is officially confirmed following the appointment of the Prime Minister and ministers by the Governor-General after the 2026 New Zealand general election, with ministers appointed under non-caretaker circumstances.
If the next New Zealand ruling coalition after the election is not confirmed by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”.
This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the government of New Zealand.
This market will resolve to the first ruling coalition of parties that forms after the next New Zealand general election.
A party will only be considered part of the ruling coalition if it participates in the governing coalition and provides at least one Cabinet minister. Parties that merely support the government from outside Cabinet, including through confidence-and-supply agreements or similar arrangements, without holding a Cabinet post will not qualify.
The following parties will be considered for this market: ACT New Zealand (ACT), Labour Party (Labour), Te Pāti Māori (Maori), National Party (National), Green Party (Green), and New Zealand First Party (NZF). All other parties will not be considered.
Resolution will be based on the listed option that most completely matches the parties included in the coalition. If the coalition formed after the election includes all of the parties listed in a market option, along with any other parties, that option will resolve to “Yes” unless there exists another market option that more completely covers the coalition. A listed option will not resolve to “Yes” if any of its listed parties are not included in the coalition.
For example:
- If the governing coalition includes Labour + Green + ACT, but no option explicitly lists those three together, the market will resolve to “Labour + Green” if that option is listed and no listed option more completely matches the coalition.
- If the governing coalition includes National + ACT + NZF, the option “National + ACT + NZF” will resolve to “Yes”, while “National + ACT” will resolve to “No”.
In the event that the ruling coalition includes all parties for multiple market options, and each option contains an equal number of coalition parties, the tie will be resolved in favor of the option whose listed parties together hold the greater number of seats in the newly elected House of Representatives. If this presents another tie, this market will resolve in favor of the listed option whose parties received the greatest number of valid party votes.
If any party forms a single-party majority government, the listed option for that party will be considered the governing coalition.
If the governing coalition does not include all parties in any listed option, this market will resolve to “Other”.
This market may resolve once the first government is officially confirmed following the appointment of the Prime Minister and ministers by the Governor-General after the 2026 New Zealand general election, with ministers appointed under non-caretaker circumstances.
If the next New Zealand ruling coalition after the election is not confirmed by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”.
This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the government of New Zealand.
Volume
$45,888End Date
Nov 7, 2026Market Opened
May 4, 2026, 4:10 PM ETResolver
0x69c47De9D...Recent polling averages for New Zealand’s 7 November 2026 general election under the MMP system show the incumbent National-ACT-NZ First coalition and Labour-Greens-Te Pāti Māori opposition blocs trading narrow leads or producing hung-parliament scenarios, keeping implied probabilities for the two leading coalition outcomes nearly even. Voter concerns over cost-of-living pressures and economic performance have eroded support for both major parties, while minor-party movements—particularly NZ First gains and Opportunity Party polling near the 5% threshold—create multiple kingmaker paths. Prime Minister Christopher Luxon’s survival of a recent caucus confidence vote has stabilized the government side in the short term, yet ongoing coalition tensions and Labour’s targeted policy releases on small business and transport continue to sustain competitive dynamics. Further separation is most likely to emerge from the final round of seat-projection polls, threshold-clearing by smaller parties, or shifts in economic indicators before election day.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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Frequently Asked Questions