Summarised by Centrist
Philip Crump (aka Thomas Cranmer) says that as coalition talks continue behind closed doors, newsrooms are frustrated by the lack of political content. Questions arise about Chris Luxon’s ability to reach an agreement among National, ACT, and NZ First.
Nonetheless, experienced dealmakers understand the importance of negotiating the best terms, even if it takes time.
All parties must demonstrate responsible negotiation and deal-making abilities, he says. Luxon is unlikely to feel embarrassed by the delay as Crump notes that a bad deal in the corporate world will get you fired, even if done quickly.
Ultimately, the focus will shift to the terms of the deal and governance. Crump argues that the time spent on a thorough coalition agreement will prove worthwhile.