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NZ First leader Winston Peters photographed in 2017. (Photo: Phil Walter/Getty Images)
NZ First leader Winston Peters photographed in 2017. (Photo: Phil Walter/Getty Images)

The BulletinMarch 24, 2025

Winston Peters vs the world

NZ First leader Winston Peters photographed in 2017. (Photo: Phil Walter/Getty Images)
NZ First leader Winston Peters photographed in 2017. (Photo: Phil Walter/Getty Images)

In a speech that channelled Trump-style rhetoric but stuck to old Peters themes, the NZ First leader mixed nationalism, culture war grievances and economic blame, writes Catherine McGregor in today’s extract from The Bulletin.

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An ‘outright litany’ of grievances

Winston Peters gave his state of the nation speech on Sunday, though at times it resembled a live-action Facebook comments section. The packed 750-seat James Hay Theatre in Christchurch was treated to a speech full of colourful political attacks and culture war invective – as well as multiple interruptions from protestors on both sides of the war in Gaza. Later Peters told media that the protestors “just wanted to waste people’s time,” adding cryptically, “That is fascism.”

The speech was largely focused on the economy, which Peters blamed Labour for mismanaging. He highlighted the September 2023 Prefu, in which the then Labour government said the economy was turning a corner. “That claim from Hipkins and Robertson made about the economy back then was an outright litany of lies.” In contrast, this government had proven its economic bonafides, he said. “Running an economy is like running a big ocean liner. Turning it around to a safer course takes time. But turn it around we have, and the last fiscal update out this week proves it.”

Two sides of the puberty blockers issue

While economic matters formed the spine of the speech, Peters also returned to a favoured topic: his self-styled “war on woke.” He reiterated NZ First’s commitment to scrapping diversity, equity and inclusion (DEI) targets in the public service and condemned the use of puberty blockers for children, calling it “a battle” still to be won.

His comments came the same day hundreds of protesters marched on parliament, concerned that proposed regulatory changes could restrict access to the medication, RNZ reports. The Ministry of Health has completed a consultation on whether new safeguards are needed, but no outcome has yet been released. Speaking at the protest, Green MP Benjamin Doyle said the process itself was harmful: “How dare they call for public consultation on whether we deserve to have life-saving treatment.”

The original culture warrior

Almost 80 and still commanding a room like it’s 1996, Winston Peters delivered his Christchurch speech with the theatrical flair of a man who, as Newsroom’s Tim Murphy puts it, “wears his 30 years of preaching the same message like a mayoral chain”. But while the arguments are familiar, there’s now a MAGA-adjacent sheen to his rhetoric, including anti-globalist sentiment and culture wars that feel imported, if not entirely new. Murphy writes that Peters was warning of Chardonnay socialists and “sickly white liberalism” long before Trump’s rise – but these days, he’s also promising to “make New Zealand First again”.

The staying power is remarkable. Later this week, Peters will overtake his idol Sir Āpirana Ngata to become New Zealand’s sixth-longest serving MP. His party may hover just above the MMP threshold, but Peters remains one of the country’s most enduring political performers, writes Murphy.

A surprising rise in support

Despite Peters’ Trump-like rhetoric raising the hackles of many voters, his positioning – especially on cultural issues – appears to be paying off, writes Thomas Manch in the Sunday Star-Times. Nearly 18 months into the coalition government’s term, commentators say NZ First is performing more strongly than in previous cycles. “Winston’s favourability has been increasing very steadily for the last 18 months,” says Curia Research pollster David Farrar, who notes that National voters have “warmed quite considerably” to the veteran politician.

Peters will relinquish the deputy prime ministership to Act leader David Seymour in May and has said he will begin campaigning again soon. Already, he’s proposed a $100 billion “Future Fund” for infrastructure and continues to stake out ground on contentious issues like gene technology reform and the aforementioned “woke agenda”. Peters has the edge over Seymour on capitalising on culture war issues, Farrar says. “Winston probably has greater ability to push on those. He’s very good on social media with picking fights with people.”

Image: The Spinoff
Image: The Spinoff

The BulletinMarch 21, 2025

Better-than-expected GDP data raises hopes of an economic recovery

Image: The Spinoff
Image: The Spinoff

New Zealand is officially out of recession, but the chaos of Trump’s tariff policy remains a threat to medium-term growth, writes Catherine McGregor in today’s extract from The Bulletin.

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We’re officially out of recession

You might not have known it from the headlines – “NZ limps out of recession” said the Herald, while RNZ opted for “crawls” – but the economic data released on Thursday by Stats NZ were in fact significantly better than most economists expected. New Zealand’s gross domestic product (GDP) rose 0.7% in the three months to December 2024, after a 1.1% decrease in the September 2024 quarter. Economists’ forecasts had ranged between 0.2% and 0.5%. Kiwibank chief economist Jarrod Kerr said it was a “slightly positive surprise”, but growth was still in negative territory when viewed year-on-year. “Compared to December 2023, the economy is still 1.1% smaller,” he said.

ASB economist Wesley Tanuvasa said that while he welcomed the news, the “broader global headwinds” – such as Trump’s tariffs – meant it was unlikely the fourth quarter “drivers of growth can maintain their pace in 2025”. Those headwinds also meant the RBNZ would be sticking to its current interest rate track, he said. “Beyond 25 basis point cuts in April and May, the increasing skew of downside risks to the medium-term inflation outlook could see the RBNZ continue with OCR cuts.”

GDP result a small boost for Luxon 

Finance minister Nicola Willis and acting prime minister David Seymour said the figures were signs that “things are looking up” and indicated “the first green shoots of an economic recovery”. For Christopher Luxon, who has pointed to the sluggish economic recovery as a key reason for public dissatisfaction with the government, the confirmation of growth will be especially good news. “There are other issues – school lunches, the Treaty debate and perhaps even Luxon’s personal style – that may be playing a part,” writes Liam Dann in the Herald (Premium, paywalled). “But history tells us the economy decides elections in the end. When voters feel things are getting better, they don’t change governments.”

The tariff question

Back to those “broader global headwinds” and their impact on our economy. It’s still not clear how much Trump’s tariff rampage will directly affect New Zealand – there’s no indication tariffs were covered during Winston Peters’ meeting with US secretary of state Marco Rubio on Wednesday – but if the president sticks to his so-far vague plans on reciprocity, we might end up escaping relatively unscathed. As discussed in last Friday’s Bulletin, Trump wants to impose levies on US imports that match those already in place against US goods in their country of origin, but his administration hasn’t stated how the ratio would be calculated. New Zealand has a trade surplus with the United States and imposes “comparatively few tariffs on US imports, while paying a greater sum to access the US market of 340 million people”, writes Thomas Manch in The Post (paywalled), so we may not be too heavily hammered by new tariffs on our goods.

Of course, as also covered last Friday, New Zealand could still suffer significant second order effects from the trade war, especially when it comes to damage to the Chinese economy.

Rubio wants NZ to increase defence spending 

If Peters and Rubio didn’t discuss tariffs, what did they talk about? While Peters has remained tight-lipped about their meeting, other than to say he was “seriously pleased” with how it went, the US State Department issued a brief statement saying the two had discussed, among other issues, “avenues for strengthening defence cooperation through burden sharing, allowing our militaries to work more closely together, and ensuring security and economic strength in the Pacific region”.

Notes Manch (again) in The Post, “‘Burden sharing’ refers to the Trump administration policy of pushing allies and partners to increase their spending on defence, to shift the expense of global security away from the US.” Earlier this month the EU approved a massive increase to defence spending and “rearm Europe”, amid signs the US can no longer be relied on to come to member states’ aid if Russia were to attack.

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