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Your Daily Ten@10 - 2026/079

THE GOOD OIL May 5, 2026
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This is edition 2026/079 of the Ten@10 newsletter.

Hi all,

This is the Ten@10, where I collate and summarise ten news items you generally won't see in the mainstream media.

Enjoy!


1. Don't Go There!

Chris Trotter

  • 🏛️ Historical lesson ignored: National’s previous fallout with Winston Peters cost them nine years out of power; they seem poised to repeat this mistake.
  • ⚖️ Coalition risks underestimated: National’s attempts to undermine NZ First could backfire, leaving the Right without a crucial coalition partner.
  • 📉 Poll implications: Weakening NZ First may recover some voters for National, but not enough to reach John Key-era levels; mid-30s polling likely insufficient for victory.
  • 🔄 Populist backlash: Peters could respond to perceived betrayal with a strong populist counter-attack, consolidating NZ First support and challenging National.
  • 🧾 Political risk: Nicola Willis’ comments questioning Peters’ competence could provoke him to showcase effectiveness, increasing political tension during an “austerity” Budget.
  • 🤝 Labour-NZ First coalition potential: A populist push by Peters could align NZ First with Labour, appealing to voters seeking balance between pragmatism and populist representation.
  • 💥 National’s strategic blunder: Attacking Peters and NZ First risks creating the very coalition National sought to prevent, highlighting their misjudgment of political dynamics.
  • 🧠 Leadership contrast: National’s leaders historically struggled to sell pragmatic strategies internally, while Peters’ political acumen consistently maximizes voter appeal.
  • 📌 Key insight: National underestimates the necessity of respecting Peters’ influence; failing to do so could make a Labour-NZ First coalition seem inevitable, despite National’s intentions.

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