Chris Hipkins, who took the prime minister's post in January after Jacinda Ardern stepped down, has nudged his Labour Party towards the centre, focusing on what he terms "bread and butter issues".
The opposition National Party has blamed Labour for rising costs and is promising, if elected, to cut taxes and bring inflation under control.
Given New Zealand's ever-increasing building costs, poor housing stock and overcrowding, however, supply continues to fall short of demand.
The National Party has proposed unlocking more land for housing, providing incentives for councils to build more houses and creating new infrastructure financing tools.
The National Party says it will encourage trade and investment, increase the skilled labour force and cut red tape.
Persons:
Chris Hipkins, Jacinda Ardern, Hipkins, Lucy Craymer, Edmund Klamann
Organizations:
Reuters, New Zealanders, Labour, National, Labour Party, National Party, Zealand's Labour
Locations:
New, New Zealand, China, Pacific, Solomon, South Pacific, Britain