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Sharemarket plunge sends voters back to Labour in New Zealand

Finding No. 4269 - February 11, 2008

As share-markets plunged worldwide during late January, including the NZ50 in Wellington, voters in New Zealand deserted the Opposition National Party, down 6.5% to 45.5%, and came back strongly to the Governing Labour Party (up 3% to 36.5%) and the Green Party (up 2.5% to 9%) the latest New Zealand Morgan Poll finds.

The gap between Labour and the National Party has narrowed to only 9%, the closest Labour has been to the National Party since October, just before the arrests of the New Zealand “domestic terrorists.” The Labour Government is 4.6% below its 2005 General Election result while support for the Opposition National Party is 6.4% above its 2005 General Election result.

Looking at the minor parties, support for New Zealand First 4% (up 0.5%) and ACT New Zealand 2% (up 1%) improved slightly. The Maori Party vote was at 2% (down 0.5%) and United Future New Zealand again had the support of only 0.5% (unchanged) of the New Zealand electorate.

Electors were asked: “If an election were held today which party would receive your party vote?

Of electors who said they were likely to vote (90.5%, up 0.5%), 5.5% (down 0.5%) were undecided on who they would vote for.

Gary Morgan says:

“The latest Morgan Poll shows the New Zealand election later in the year is set to be close. The worldwide plunge of share-markets has seen a strong rebound in support for Helen Clark’s Government as large falls on the NZ50 - down over 16% from its October peak - has contributed to falling NZ Consumer Confidence.

 “With the narrowing in support for the major parties, the Labour Government has started to claw back some of the ground lost over the bungling of the domestic terrorism debacle in October.

“As the date of the election nears, voters in New Zealand will have to decide whether the leadership offered by Helen Clark over the past 8 years is deserving of another term, or whether the untried leader of the National Party, John Key, is up to the task of managing the complex international economic situation that faces New Zealand in coming years.”

 

This latest Morgan Poll on voting intention was conducted with a New Zealand-wide cross-section of 848 electors between January 21 — February 3, 2008.

For further information:

Gary Morgan:        Office +61 3 9224 5213   Mobile +61 411 129 094

Michele Levine:    Office +61 3 9224 5215   Mobile +61 411 129 093

 

Margin of Error

The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. The following table gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. The figures are approximate and for general guidance only, and assume a simple random sample.

Sample Size

Percentage Estimate

 

40%-60%

25% or 75%

10% or 90%

5% or 95%

500

±4.5

±3.9

±2.7

±1.9

1,000

±3.2

±2.7

±1.9

±1.4

 

VOTING INTENTION SUMMARY

The following table compares the latest NZ Morgan Polls on Voting Intention with the result from the September 17, 2005 General Election:

PRIMARY VOTE

Labour

National

Progressive

Party

NZ First

Green

Party

United

Future

Maori

Party*

ACT NZ

Other

 

%

%

%

%

%

%

%

%

%

General Election, July 27, 2002

41.3

20.9

1.7

10.4

7

6.7

n/a

7.1

6.6

General Election, September 17, 2005

41.1

39.1

1.16

5.72

5.3

2.67

2.12

1.51

2.48

MORGAN POLL

                 

September 20 - October 2, 2005

  36.5

  41.5

1

 4.5

 9

 3

  1

 1.5

 3

October 4-16, 2005
39     40.5   1  5  7  3.5    2    1.5     0.5  
October 18-31, 2005
37.5 40 0.5 6 9 3.5 1 1 1.5
November 1-14, 2005
37.5 40 0.5 7 7 3 2 2 1
November 15-27, 2005
39 40.5 1 5.5 8.5 2 1 1.5 1
November 28 - December 9, 2005
40 40 0.5 6 7.5 2.5 1 1.5 1
January 4-12, 2006
40.5 42.5 0.5 4.5 6.5 1.5 2 0.5 1.5
January 13—23, 2006
39 40.5 0 4.5 8.5 3 1.5 1.5 1.5
January 24 - February 5, 2006
38.5 39 0.5 5.5 9.5 3 1.5 2.5 0
February 7-19, 2006
40 40 0.5 3.5 10 1.5 2.5 1.5

0.5

February 22 - March 6, 2006
43 39 0.5 4.5 7.5 1.5 1.5 1.5 1
March 7-19, 2006
42.5 41 0 3.5 7.5 2 2 1 0.5
March 20 - April 2, 2006
40 43 0.5 4.5 6.5 1.5 1.5 1 1.5
April 3-16, 2006
41.5 40 1 3.5 7 2 2 2.5 0.5
April 17-30, 2006
40.5 40.5 0.5 3.5 8.5 2.5 2.5 1.5 -
May 1-14, 2006
39.5 41 0.5 5 7.5 3 1 1.5 1
May 15-28, 2006
41 44 0.5 3 6.5 1.5 1.5 1 1
May 29 — June 11, 2006
40 44.5 - 4.5 6.5 2 1 1.5 -
June 12-25, 2006
37 45 0.5 5 6.5 1.5 2 1.5 1
July 3-16, 2006
43 39 - 4.5 8 2 1 1.5 1
July 17 - 30, 2006
40 42 - 3.5 8.5 2 2 1 1
July 31 - August 13, 2006
39 41 - 3.5 9 3 2 1.5 1
August 14-27, 2006
38.5 44 0.5 4 7 1 2.5 1.5 1
August 28 - September 10, 2006
41 38 0.5 5.5 8.5 2 3 1.5 ^
September 16 - October 1, 2006
36 41.5 - 7 8.5 2.5 2.5 1.5 0.5
October 2-15, 2006
40 40 ^ 5 8.5 1.5 1.5 2 1.5
October 16-29, 2006
38.5 41 ^ 3 8 3 2.5 1.5 2.5
October 30 — November 12, 2006
38.5 42.5 0.5 5 7.5 1.5 2.5 0.5 1.5
November 13 - 26, 2006
37.5 42.5 ^ 4.5 8 3 2 1.5 1
November 27 - December 12, 2006
37.5 44.5 0.5 4 9.5 2 1 0.5 0.5
January 3-21, 2007
41 41 0.5 4 7.5 1 2 1.5 1.5
January 23 - February 5, 2007
39.5 41.5 0.5 4 8 1.5 2 2.5 0.5
February 6-18, 2007
36 48.5 ^ 3 8.5 1.5 1.5 1 -
February 19 - March 4, 2007
36 45 0.5 2 8.5 1.5 3.5 2.5 0.5
March 5-18, 2007
37.5 45 ^ 4 7.5 1.5 3.5 1 -
March 19 - April 2, 2007
35.5 46 ^ 3.5 9.5 1 2.5 1 1
April 3-16, 2007
33.5 45.5 ^ 6 8.5 2 2 1 1.5
April 23 - May 6, 2007
36 49.5 ^ 4.5 6 1.5 1.5 0.5 0.5
May 7-20, 2007
32 49 0.5 4.5 7 1.5 2.5 1.5 1.5
May 21 - June 3, 2007
33.5 50.5 - 3.5 6.5 2 1.5 2 0.5
June 4-17, 2007
36 49.5 0.5 3 6.5 0.5 1.5 1.5 1
June 18 - July 1, 2007
34 48.5 1 2.5 8.5 1.5 2 1 1
July 2-15, 2007
36 47 0.5 5 6.5 1 2 1.5 0.5
July 16-29, 2007
35 49 0.5 4 6 0.5 3 0.5 1.5
July 30 - August 12, 2007
31 50.5 0.5 4 7 2 3 1.5 0.5
August 20 - September 2, 2007
34 48 0.5 2.5 9.5 0.5 3 1 1
September 3-16, 2007
35 49 ^ 2.5 7.5 1 3 1.5 0.5
September 17-30, 2007
33 48.5 0.5 3 9.5 1.5 2.5 1 0.5
October 1-14, 2007
39 45.5 ^ 3 7.5 1.5 2 0.5 1
October 15-28, 2007
40.5 45 ^ 3.5 6.5 1.5 1.5 1 0.5
October 29-Novmber 11, 2007
34 48 ^ 5.5 7.5 1 2.5 1 0.5
November 12-25, 2007
35 48 0.5 5 6.5 0.5 2.5 1.5 0.5
November 26-December 9, 2007
34.5 47.5 0.5 5 6 1.5 2 2

1

January 3-20, 2008
33.5 52 0.5 3.5 6.5 0.5 2 1 0.5
January 21-February 3, 2008
36.5 45.5 0.5 4 9 0.5 1.5 2 0.5

The Morgan Poll was the most accurate in predicting the small margin between the two major parties (a Labour lead of 1.5%) for the September 2005 General Election.

 

NEW ZEALAND: HEADING IN “RIGHT” OR “WRONG” DIRECTION?

Electors were asked: Generally speaking, do you feel that things in New Zealand are heading in the right direction or would you say things are seriously heading in the wrong direction?

 

New Zealand Roy Morgan Government Confidence Rating: Interviewing Dates

 

Aug 20-Sep 2,

2007

Sep 3-16,

2007

Sep 17-30,

2007

Oct 1-14,

2007

Oct 15-28,

2007

Oct 29-Nov 11,

2007

Nov 12-25,

2007

Nov 26-Dec 9,

2007

Jan 3-20,

2008

Jan 21-Feb 3,

2008

 

%

%

%

%

%

%

%

%

%

%

Right direction

51.5

54

49.5

53

50.5

43.5

47

47.5

46.5

46

Wrong direction

35.5

32.5

34.5

32

33

37.5

37

38

39

38.5

Roy Morgan GCR#

116

121.5

115

121

117.5

106

110

109.5

107.5

107.5

Can’t say

13

13.5

16

15

16.5

19

16

14.5

14.5

15.5

Total

100

100

100

100

100

100

100

100

100

100

# Roy Morgan GCR = Roy Morgan Government Confidence Rating (The Roy Morgan GCR is 100 plus the difference between the percentage of New Zealanders who say the country is “heading in the right direction” and the percentage who say the country is “seriously heading in the wrong direction”).

Finding No. 4268 is taken from Computer Report No. 2236

 

The Morgan Poll is conducted by the ONLY Australian and New Zealand member of the Gallup International Association.

No other public opinion poll taken in Australia or New Zealand has this qualification.

 


Finding No. 4269 is taken from Computer Report No. 2237


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