Prime Minister John Key says he expects the Government's poll rating to slip more in the next six months.
This was because the Government was doing some "edgy" things, like the partial sale of state assets, and because there were "lots of challenges out there".
But the Government was polling virtually at the same level as at the last election, Mr Key said on The Nation this morning.
"Since 2008 there has only been one European government that's been re-elected. That's the Germans."
He said British Prime Minister David Cameron was polling on 28 percent.
"In Australia, [Prime Minister Julia] Gillard's on her knees".
"We're the only incumbent government in four years that's held our numbers," he said.
In the past fortnight, polls by TV1 and TV3 show Mr Key's National party down four points.
"I think it will ease back a bit more frankly over the next six months," he said.
Watch the video for the full interview with John Key and press panel, with Alex Tarrant from interest.co.nz and John Hartevelt from Fairfax
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