John Key says his deal to keep The Hobbit in NZ was far less than what Labour paid for LOTR, but Labour says the PM isn't telling the full story.

Parliament was tonight working its way through a labour law change the Government says is essential to ensure The Hobbit movies are made in New Zealand, but was facing stiff opposition from Labour.

Labour has made a dramatic turnaround on its foreign investment policy, and now says it will turn down big land sales to overseas buyers except in exceptional circumstances.

Labour's annual conference proclaimed the neo-liberal economic experiment to be well and truly over - the biggest shift in that sphere since the Rogernomics revolution.

Labour has unveiled new policies at its annual conference this weekend which it believes will give the party an edge over National in the next election.

Labour president Andrew Little has just delivered the speech of his career, writes Audrey Young.

Labour is promising bold new policies for the care and education of children to put to voters at the next election. Deputy leader Annette King says children currently "lack a champion at the highest table".

Labour president Andrew Little has called for a fresh debate about republicanism following a speech at the party's conference.

Dumped MP Chris Carter told Labour's ruling council he could dish the dirt on senior Labour MPs and if he didn't get his way, "it's war".