Citi said that if the current government continues to govern, the New Zealand dollar and bonds may be supported, but the market needs patience, and the new government may not be formed until after Christmas. Economists Josh Williamson and Faraz Syed wrote in a research report that the final election results will take at least three weeks to be released. “We think the probability that the center-right government will stay in office is 55%. New Zealand voters don't usually change their government before a term ends.” Coalition negotiations will not begin until the official vote count is completed; if a recount is needed, the time will be further lengthened, so “New Zealand may not be able to form a new government before Christmas.” “The market needs patience.” If the center-right government remains in office, “the Reserve Bank of New Zealand will maintain a single inflation target. At the same time, we expect smaller fiscal spending, contraction of the public sector, and expansion of the KiwiSaver pension plan. This will benefit the New Zealand dollar and bonds.” “If a coalition led by the Labor Party comes to power, it is expected that monetary policy decisions will re-incorporate the goal of full employment. At the same time, capital gains taxes may be introduced, and fiscal expansion will also be stronger.”

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