Skip to content
Tuesday 28 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,871.02
+0.83%
DAX
25,464.01
+0.41%
CAC 40
8,458.78
+0.63%
STOXX 50
6,289.51
+0.12%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 19 January 2023 8:20 am  |  Updated:  Thursday 19 January 2023 8:22 am

New Zealand PM Jacinda Ardern’s shock resignation: ‘I no longer have enough in the tank’

By: City PM Reporter

Add as a preferred source on Google
NAPIER, NEW ZEALAND - JANUARY 19: New Zealand Prime Minister Jacinda Ardern announces her resignation at the War Memorial Centre on January 19, 2023 in Napier, New Zealand. (Photo by Kerry Marshall/Getty Images)
New Zealand Prime Minister Jacinda Ardern announces her resignation at the War Memorial Centre on January 19, 2023 in Napier, New Zealand. (Photo by Kerry Marshall/Getty Images)

Jacinda Ardern has announced her shock resignation as New Zealand Prime Minister, saying she “no longer has enough in the tank” to do the role justice.

Ardern on Thursday told reporters her last day would be no later than February 7.

In an emotional speech at the New Zealand Labour party’s annual caucus meeting, the 42-year-old said it was “time” to step down.

Ms Ardern said: “I’m leaving, because with such a privileged role comes responsibility. The responsibility to know when you are the right person to lead and also when you are not. I know what this job takes. And I know that I no longer have enough in the tank to do it justice. It’s that simple.”

Watch: "I had hoped to find a way to prepare not just for another year, but another term."

New Zealand Prime Minister Jacinda Ardern was emotional as she announced her shock resignation https://t.co/VZf7O8m0pN pic.twitter.com/YMupbLL6IK

— Bloomberg TV (@BloombergTV) January 19, 2023

The outgoing prime minister, who was elected to the role at the age of 37 in October 2017, made history as the world’s youngest female head of government.

The next year, Ms Ardern made history again by giving birth while in office – making her the world’s second elected head of government to do so.

With Thursday’s announcement, Ms Ardern called for a general election on October 14.

Read more

John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

Chancellor John Healey speaking at a professional event, likely a press conference or address.

She said she had given her “absolute all” during nearly six years in office but did not have the reserve to serve another term.

Ms Ardern had faced a tough election campaign this year.

Her liberal Labour Party won re-election two years ago in a landslide of historic proportions, but recent polls have put her party behind its conservative rivals.

Ms Ardern was lauded globally for her country’s initial handling of the coronavirus pandemic after New Zealand managed for months to stop the virus at its borders. But that zero-tolerance strategy was abandoned once it was challenged by new variants and vaccines became available.

She faced tougher criticism at home that the strategy was too strict.

Ms Ardern in December announced a Royal Commission of Inquiry would look into whether the government made the right decisions in battling Covid-19 and how it can better prepare for future pandemics. Its report is due next year.

Press Association – Associated Press Reporters

Read more

Lucy Rigby back as City minister

Lucy Rigby, a blonde woman in glasses and a red blazer, with a phone in her pocket, walking past a black gate.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Trending Articles

  • Big Four’s AIM exodus accelerates as mid-tier firms seize mandates

  • FTSE 100 firm agrees £5.7bn takeover in latest private equity swoop

  • Burnham backs plan to pump £1bn pension funds into start-ups

  • As it happened: Stocks jump as oil drops; Unilever shares soar on decade-best sales

  • EY and London managing partner fined over £1.3m for audit failure

More from City PM

  • John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

    Politics
    Chancellor John Healey speaking at a professional event, likely a press conference or address.
  • Lucy Rigby back as City minister

    Politics
    Lucy Rigby, a blonde woman in glasses and a red blazer, with a phone in her pocket, walking past a black gate.
  • OECD sounds alarm on pension triple lock in challenge to Burnham

    Economics
    Andy Burnham discussing AI advancements at a business conference podium with delegates in the background
  • Starmer’s final act will expose firms to more bogus equality claims

    Opinion
    Business conference attendees networking at a corporate event with banners and presentation screens in the background
  • Rachel Reeves’ sister takes top legal role in Burnham’s Cabinet overhaul

    Politics
    Close-up of a business professionals hands typing on a laptop keyboard with financial charts on screen
  • London workers most exposed to AI jobs cull

    Economics
    London skyline with modern skyscrapers and lush green foliage in foreground on a clear day, highlighting urban nature balance
  • Surely Gary Stevenson is smart enough to know a wealth tax won’t work?

    Opinion
    Gary Stevenson speaking at a Patriotic Millionaires event, addressing wealth inequality and economic reform proposals.
  • Investor visa proposed by Labour-aligned think tank

    Politics
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook