Stable Reform Government

its chance, of the story’s futures

+0.1%on the S&P 500, if it happens

Christopher Luxon leads a workable National-led coalition with ACT and New Zealand First, giving markets a broadly expected centre-right policy mix. The government prioritizes tax changes, public-sector restraint, faster consenting, and housing supply measures without triggering an immediate institutional dispute.

What it moves

Finance+0.6%
Non-Energy Materials+0.6%
Industrials+0.5%
Utilities+0.2%

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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