Current:Home > StocksTradeEdge-Christopher Luxon sworn in as New Zealand prime minister, says priority is to improve economy -VisionFunds
TradeEdge-Christopher Luxon sworn in as New Zealand prime minister, says priority is to improve economy
Surpassing Quant Think Tank Center View
Date:2025-04-06 13:03:16
WELLINGTON,TradeEdge New Zealand (AP) — Christopher Luxon was sworn in as New Zealand’s prime minister on Monday and said his top priority was to improve the economy.
The 53-year-old former businessman leads a conservative coalition after his National Party struck a deal Friday with two smaller parties following a general election last month.
After the swearing-in ceremony, which was presided over by Governor-General Cindy Kiro, Luxon told reporters the job was an “awesome responsibility.”
He said he would hold his first Cabinet meeting Tuesday and look to quickly finalize a 100-day plan. He said he also planned a visit to Australia before Christmas Day.
Luxon said he needed to get a Treasury briefing on the state of the government’s finances.
“We are concerned and worried that it’s been a deteriorating picture for a number of months now,” Luxon said.
Under the coalition agreement, Luxon has promised to deliver tax cuts and train 500 more police officers within two years.
He has also promised less government bureaucracy, including a 6.5% cut to the public service.
Luxon said it would be up to ministry chief executives to figure out how to make the cuts, whether by stopping programs, not filling vacancies or laying off some workers.
The new government also plans to repeal tobacco restrictions approved last year by the previous government, including requirements for low nicotine levels in cigarettes, fewer retailers and a lifetime ban for youth.
Luxon said his government disagreed with parts of the policy, including concentrating distribution. He said smoking rates had been coming down for 30 years.
“We will continue to make sure we have good education programs and encourage people to take up vapes as a cessation tool,” Luxon said.
But critics said the plan was a setback for public health and a win for the tobacco industry.
Chris Hipkins, who officially resigned as the nation’s 41st prime minister early Monday, said he wished Luxon and his coalition partners well. He said the country had been through tough times but the economy was turning a corner.
Hipkins, who held the top job for 10 months after Jacinda Ardern unexpectedly resigned in January, plans to remain in Parliament as opposition leader.
___
Follow AP’s Asia-Pacific coverage at https://apnews.com/hub/asia-pacific
veryGood! (84588)
Related
- Trump's 'stop
- ¿Dónde tocó tierra el huracán Milton? Vea la trayectoria de la tormenta.
- JPMorgan net income falls as bank sets aside more money to cover potential bad loans
- Rihanna Shares Sweet Insight Into Holiday Traditions With A$AP Rocky and Their 2 Kids
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- What happened between Stephen and Monica on 'Love is Blind'? And what is a sleep test?
- Unlock the Secrets to Hydrated Skin: Top Products and Remedies for Dryness
- Here's the difference between a sore throat and strep
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Courtney Williams’ go-to guard play gives Lynx key 3-pointers in Game 1 win
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Tiffany Smith, Mom of YouTuber Piper Rockelle, to Pay $1.85 Million in Child Abuse Case to 11 Teens
- Does Apple's 'Submerged,' the first short film made for Vision Pro headset, sink or swim?
- Austin Stowell is emotional about playing stoic Jethro Gibbs in ‘NCIS: Origins’
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Judge blocks Penn State board from voting to remove a trustee who has sought financial records
- Yes, French President Emmanuel Macron and the Mayor of Rome Are Fighting Over Emily in Paris
- Climate change gave significant boost to Milton’s destructive rain, winds, scientists say
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Officials work to rescue visitors trapped in a former Colorado gold mine
NCAA pilot study finds widespread social media harassment of athletes, coaches and officials
Martha Stewart admits to cheating on husband in Netflix doc trailer, says he 'never knew'
Trump issues order to ban transgender troops from serving openly in the military
Dove Cameron Shares Topless Photo
Melinda French Gates makes $250 million available for groups supporting women's health
Joan Smalls calls out alleged racist remark from senior manager at modeling agency