The leader of New Zealand's Labour party conceded defeat to Prime Minister John Key's National Party in elections Saturday, paving the way for him to return for a second term as the nation's leader. The dominant performance by Key's National Party, however, appeared to come up just short of giving it enough votes to govern alone. Key is likely to find enough support among minor parties to shore up his leadership, the Associated Press reported. With most of the vote counted Saturday, the National Party was projected to win 60 of Parliament's 121 seats, an increase of two. The Labour party had just 27 percent of the vote, meaning it will lose about nine of its 43 seats and prompting party leader Phil Goff to concede to Key. "It wasn't our time this time," Goff told supporters. The Green party, on the other hand, won 11 percent of the vote, its best showing ever.
