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Monday, March 23, 2026

Chris Lynch: Peters vows to ‘break up power companies’ and blasts ‘woke agenda’


New Zealand First leader Winston Peters has used his State of the Nation address in Tauranga to lay out a hard edged election pitch, promising to restructure the electricity market, reject global influence, and take direct aim at Labour, the Greens, unions and what he called a growing “woke agenda”.

Speaking at the Atrium Conference Centre on Sunday afternoon, Peters said New Zealand was facing a period of global instability not seen in generations.

“We are living through the most challenging international environment that New Zealand has faced in the past 80 years.”

“This is not a time for performative posturing and senseless virtue signalling. It’s a time for cool heads, rational judgements about what is possible, and an active diplomacy that listens, learns, and adapts to the chances when they present themselves.”

He said many New Zealanders were under financial strain.

“Kiwis are struggling sometimes working two, even three jobs, just to make ends meet.”

“New Zealand First unlike the rest, has constantly said that it will take time to turn our economy around.”

“We said that was a mistake, we knew the damage done to the economy by the previous Labour government couldn’t be undone in three years.”

“Our government inherited a disaster of massive overborrowing, and spending not on production, not on wealth creation, not on employment, and not on exports, but purely on consumption.”

“And we’re paying a massive price for that now.”

Peters said the COVID Inquiry raised serious concerns about past decisions.

“We just had the COVID Inquiry showing the previous Labour government borrowed sixty billion dollars to deal with COVID, and yet they spent thirty billion of it on something else.”

“That is half of the sixty billion wasn’t spent on COVID.”

He widened his criticism to decades of economic reform.

“We went from being in the top three in the world to a non competing economy.”

“We became the victim of a totally unfettered free market.”

“The left and right, Labour and National, went on to sell our assets, privatise our country, open our borders to mass immigration.”

“New Zealand First has never subscribed to that ideology.”

“We have always believed in economic nationalism where we own our country’s assets, where we have targeted government intervention, where we give a hand up in times of need, where our country gives capitalism a human face.”

Peters said his party was building momentum heading into the election.

“We will turn these current media polls into confetti.”

“We are on a pathway to a major shift in the political landscape.”

“We are the only socially conservative party.”

“We are the only nationalist party. That’s nationalist with a capital ‘N’.”

“We are the only patriotic party.”

“We are the only party that can counter balance the present spectrum of extremists in parliament.”

He also leaned heavily into cultural and social issues, criticising what he described as ideological influence across institutions.

“We are the only party in parliament with modern kiwi conservative values, and the only party that is willing to make a stand and fight against the insipid cancerous spread of the leftwing woke agenda.”

“The woke agenda has been wheeled in like a Trojan Horse over the last decade or more into our education system, our government departments, our schools and universities, our sports systems, and has most notably seeped its way into our political system.”

“Parties on the left seem to think that kiwis are more concerned with pronouns and ideology instead of government creating a free society that encourages hard work and a fair go for everyone.”

Peters said New Zealand First supported a unified national identity.

“We believe in one people, one law, one flag, and all equal under it. We believe in a colourblind state.”

On foreign influence, Peters said New Zealand had rejected proposed changes from the World Health Organization.

“New Zealand has officially rejected their proposed Amendments.”

“New Zealand First has always said that any decisions about the health of kiwis should be made by New Zealanders, not Geneva.”

“We made a promise to maintain our sovereign decision making, and to push back on globalist bureaucrats and we have kept that promise.”

Peters used the speech to announce a key campaign policy targeting the electricity sector.

“New Zealand First today is announcing a campaign policy.”

“We will be breaking up the power companies so they can no longer control both the power and the price.”

“You’ve been paying far too much for power.”

“You’re having to choose between heating your home or putting food on the table.”

“We’ll split the big power companies up into generators and retailers.”

“We will replace the current system so that companies cannot hold back supply just to drive prices higher.”

“We will guarantee long term, fixed price contracts for new build generation projects, giving investors certainty.”

“And we’ll put power back into the hands of New Zealanders.”

He said energy security was critical to the country’s future.

“Energy security is national security. It underpins everything, our households, our jobs, our industries, and our resilience as a nation.”

Peters also criticised the proposed trade agreement with India, warning it could increase migration pressures.

“If we are incentivising uncapped number of Indian students to come to New Zealand and work and why wouldn’t they come, whose jobs do you think they will be taking?”

“Why has migration been made one of centrepieces of what is meant to be a free trade deal, not a free migration deal?”

“Our serious concern is that migration to New Zealand, across the board, is too high especially given tough economic times.”

Turning to Labour, Peters said the party lacked direction.

“He said that he was not going to announce any policy until probably around July. So, what has Labour been doing for the last two years?”

“That is the so called leader of the opposition. That is the apparent government in waiting.”

“Labour has deserted the traditional blue collar workers of New Zealand.”

“The once great Labour Party of Savage and Fraser, has turned into the ‘Party of Moral Outrage and Political Inertia’.”

He also criticised unions, accusing them of political alignment.

“It should be clear to all New Zealanders that the Unions no longer represent blue collar hard working kiwis anymore.”

“They are nothing but a bunch of half acre, arrogant, elitest, Labour Party sycophants with soft hands who walk around in comfortable shoes.”

On the Greens, Peters said the party had lost its original purpose.

“They are not a Green Party anymore.”

“They don’t talk about the environment anymore.”

“They care more about gender, wokeness, unicorns, and a geopolitical war happening on the other side of the world that they know nothing about.”

He also attacked Te Pāti Māori.

“They are not pro Māori, they are anti democracy.”

“They want a totalitarian race based separatist country.”

Peters closed by urging support for his party’s direction.

“Times are tough. But we are fighting for you. And we will never give up.”

“We have won many battles, but we are yet to win the war.”........The full article is published HERE

Broadcaster Chris Lynch is an award winning journalist who also produces Christchurch news and video content for domestic and international companies. This article was originally published by Chris Lynch Media and is published here with kind permission.

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