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National and ACT lose majority in largest ever Parliament
(www.rnz.co.nz)
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I suspect we have already started to see the splintering. Both National and Labour are much smaller than they have been in previous years.
And of course Labour already went through some of this with Act, Alliance, Greens etc all coming out of their ructions from the end of the 80s. But unfortunately the two brands remain; sucking most of the financial support and media narrative out of our political environment.
Greens actually get donations on par with (and sometimes more than) Labour. And the same with Act and National, though their donations are many times what Labour/Greens get. And if you count the unreported donations to their lobbying arm you'd probably find Act gets the largest share of the donation money.