The campaigns are launching and it's time to lock into politics New Zealand. Caucus returns to set the scene for Election 2026, discussing why incumbency sucks, strategic voting is controversial, and the minor parties are major players. Election 2026 By Tim Watkin Polls leading into the campaign proper, which kicked off this week with Parliament rising and the two major parties holding their campaign launches, have been filled with headlines about “kingmakers”. Initially, New Zealand First was given the title, as it has been so many times before. But more recently polls have showed the new kid, Opportunity, holding the balance of power. But if we take the parties at face value, “kingmaker” is a word that no longer makes sense in 2026. The fluidity of previous election campaigns, when parties would often refuse to say who they might work with until the people had spoken, has been replaced with coalition calcification. New Zealand First has ruled out a coalition with Labour and Labour has ruled out a coalition with New Zealand First. And they’ve done it with vehemence. Winston Peters has posted his party “won’t do a deal with Labour” because “the left are full of woke self-confessed communists”, while Chris Hipkins has said Labour won’t work with New Zealand First because of its “overt racism”. Clearly, there’s no way back into government for Peters and co without National. The question is whether that changes the way they campaign. As for Opportunity, they are pitching themselves as “kingmakers” and say they’re happy to work with National or Labour. They’ll talk to the biggest party first, if they make it into parliament after November 7. But the current ‘king’ – Prime Minister Christopher Luxon – isn’t having a bar of it. In July he called them a party with an extreme tax policy. “We don’t want to work with them… they’re as centrist as I am an All Black”. And in case that left any doubt, he has said since “A vote for the Opportunity Party is a vote to put Chris Hipkins, Te Pati Māori, and the Greens into government… we were right to rule them out”. So, at face value, we don’t have any kingmakers in 2026. The lines have been drawn. Everyone has chosen a side. For the first time under MMP we have two blocs – the current coalition or some combination of Labour, the Greens, Opportunity, and Te Pati Māori. Is this then the most transparent election in MMP history in terms of knowing the shape of the next government? Except… In the Caucus podcast, which began its run through the 2026 election campaign today, RNZ Political Editor Jo Moir says Luxon’s line is “just nonsense”… Go to this episode on rnz.co.nz for more details