(LEFT) Helen Clark, the conceded Prime Minister... (RIGHT) The newly Elected Prime Minister, John Key

New Zealanders chose a wealthy, conservative former financier Saturday to help navigate the country through the global financial meltdown, handing long-serving left-wing Prime Minister Helen Clark a crushing election defeat. John Key, the 47-year-old leader of the conservative National Party, swept easily to power in this South Pacific country of 4.1 million people, ousting Clark's Labour Party after nine years in office. The National Party has won the general election, ending nine years of Labour Party reign under Prime Minister Helen Clark.National's leader, John Key, will form a coalition government with the ACT Party and it will hold a clear majority in Parliament.The results give National 59 seats and ACT 5. United Future leader Peter Dunne adds one seat, making a total of 65.Labour has 43 seats, the Greens eight, and they are joined by Progressive Party leader Jim Anderton for a total of 52. The New Zealand 2008 Election was held on the 8th November 2008.

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