The Labour Party has slumped in the latest 1News Verian opinion poll to below 30 percent.

National has picked up 2 percent over the past month to 37 percent, and Labour's tumbled 4 percent to 29.

These numbers tonight would see the centre-right forming a coalition Government, with ACT gaining a point to 13.

NZME business commentator Fran O'Sullivan says that Hipkins will have to give the performance of his life to save Labour's chances in the election.

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