How will New Zealand’s election affect its economy?

The general election in New Zealand could have a bigger influence on the economy than seemed possible a few weeks ago. If National needs the support of NZ First to form a majority government then the economy would probably be a little weaker than otherwise. And if Labour wins, the resulting weakening in GDP growth and inflation due its tougher immigration and housing polices would presumably mean that interest rates are lower and the New Zealand dollar is weaker than otherwise.