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Reuters

Business

By Lucy Craymer

New Zealand's top PM contender wants to change central bank mandate, Ardern's policies

Christopher Luxon Jacinda Ardern New Zealand National Air New Zealand Inflation

FILE PHOTO: Air New Zealand’s Chief Executive Officer Christopher Luxon speaks at O'Hare International Airport in Chicago, Illinois, U.S. November 30, 2018. REUTERS/Kamil Krzaczynski

New Zealand's main opposition party leader and top prime ministerial contender, Christopher Luxon, wants to change the central bank's mandate and reverse some of former leader Jacinda Ardern's polices if he is elected.

Luxon's conservative, centre-right National Party is leading over the governing centre-left Labour Party in opinion polls. There is a general election set for October and with inflation tracking near three-decade highs the cost of living is the key election issue.

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