Labour's promising to be realistic as it shapes up election year ideas.

Leader Chris Hipkins has delivered his State of the Nation address in Auckland at a Business Chamber event.

The speech lacked new policy - but addressed concern around people leaving the country and the state of our tax system.

 Newstalk ZB senior political correspondent Barry Soper voiced disapproval with the speech, and questioned whether Labour would be able to deliver on anything for Kiwi voters.

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