It began with Kim Dotcom and ends with John Banks facing charges over “over allegations that he falsified his 2010 mayoral campaign return.”

What will this mean, well surely if the deal wasn’t sealed before it is now that ACT is gone from the 2014 election making it even harder for National to be re-elected. ACT and the Maori Party are somewhat in disarray and no matter how keen and confident they are I don’t think the Conservatives are able to step into the fold to take ACT’s place.

John Banks gone, ACT gone, Maori Party to lose a couple more seats, no coalition partner to take their place. Greens increasing everyday and Labour a small resurgent period since Cunliffe comes on board makes it an interesting 12 months.

I called it several months ago albeit with some different variables but I’ll stand by it and say it again now. Labour to win in 2014.

UPDATED 5.30pm

John Banks has resigned from all this ministerial portfolios