It's not really my area, but I might be moving back to new zealand, and since we have a few Kiwi members, i thought this might be relevant.
Helen Clark, the Leader of the Labour Party, and the Prime Minister for the Past 6 years, is still bullish about her parties chances, but Don Brash's Nationals seem to have the edge, it might be another coalition government needed to make the new parliament workable.
Keep Up to date on the results (It's a small country, so they can do these things easily) at http://xtramsn.co.nz/news/0,,13174,00.html