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The first New Zealand Roy Morgan Poll taken after the election of John Key as New Zealand’s new Prime Minister shows National Party support at 44% (virtually unchanged from the Election, down 0.9%), with a solid lead over the Labour Party 32.5% (down 1.5%).

The Roy Morgan Government Confidence Rating has soared to a new record after the election with a record high 66% (up 12%) of New Zealanders now saying New Zealand is “heading in the right direction” compared to a record low 19% (down 12%) that say New Zealand is “heading in the wrong direction.”

The new National Government’s Coalition partners are the ACT NZ Party 4% (up 0.35%), United Future 1% (up 0.1%) and Maori Party 3.5% (up 1.1%). The minor parties in Opposition are the Greens 9.5% (up 2.8%), NZ First 3.5% (down 0.6% and without a Parliamentary seat) and the Progressive Party 0.5% (down 0.4%).

The Roy Morgan New Zealand Consumer Confidence Rating is up strongly to 105.6 points (up 5.9 points) — and this was before the RBNZ slashed interest rates yesterday by 1.5% to 5%.

Gary Morgan says:

“John Key’s victory at New Zealand’s recent General Election offers New Zealand a much needed chance of revival. New Zealand has lacked direction in recent years and by early in 2008 had drifted into a recession that should never have happened.

“The recent large cuts in interest rates by the Reserve Bank of New Zealand give a much needed stimulus to the economy and provoke the growth New Zealand has been lacking.

“New Zealand’s new Prime Minister John Key’s policies must support business — Key must introduce tax cuts for business to increase hiring and stop unemployment rising. Taking this action is the only way that New Zealand will emerge from a recession that has already dragged on for too long.”

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

This latest New Zealand Roy Morgan Poll on voting intention was conducted by telephone with a New Zealand-wide cross-section of 908 electors from November 17 — 30, 2008.

VOTING INTENTION SUMMARY

The following table compares the latest NZ Morgan Polls on Voting Intention with the result from the November 8, 2008 General Election:

*The Maori Party was launched in July 2004; ^ Result less than 0.5%

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?”

# 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”).

# 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”).

# 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”).

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.

Finding No. 4341 is taken from Computer Report No. 2261

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

Finding No. 4341 is taken from Computer Report No. 2261

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