New Zealand PM Ardern says will not seek re-election

SYDNEY (Reuters) - New Zealand Prime Minister Jacinda Ardern will not seek reelection and plans to stand down no later than early February, she said in a televised statement.

Ardern said she still believed New Zealand Labor would win the upcoming election, due this year.

(Reporting by Alasdair Pal; Editing by Shri Navaratnam)