iPredict approves of Act changes

Investors in iPredict have given a vote of confidence to Act’s new leaderhshp:

The probability National will lead the next government after this year’s election – now likely to be in October – has passed 60% for the first time. The Act Party has gained at the expense of the Conservatives while John Key’s other support parties, UnitedFuture and the Maori Party, have improved their prospects of returning to parliament, as has Mana. . .

A party vote turnout of 77.2% continues to be expected compared with 74.2% in 2011.

There have been small changes in forecast party vote shares over the last week. Of the major parties, National is expected to win 42.26% of the party vote (down from 43.06% last week), Labour 32.94% (down from 33.17%) and the Green Party 9.42% (down from 9.59%).

No other parties are expected to reach the 5% threshold under the MMP electoral system. NZ First is expected to win 4.73% of the party vote (compared with 4.40% last week), the ConservativeParty 4.14% (down from 4.40%), Act 2.46% (up from 1.70%), the Maori Party 1.28% (down from 1.30%), the Internet Party 1.28%, Mana 0.49% (down from 0.60%), UnitedFuture 0.49% (down from 0.60%), the Aotearoa Legalise Cannabis Party 0.30% (down from 0.40%), the Civilian Party 0.1% and Democrats for Social Credit 0.1%.

This isn’t an opinion poll but even so I’m not sure why Act, a supposedly liberal party, should gain at the expense of a party Conservative in name and by nature.

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