Chris Hipkins' (right) Labour Party is considered more capable at managing the most important issues than Christopher Luxon's National Party. Photo / NZME

Labour is considered the party most capable of addressing the five most important issues facing New Zealanders, reclaiming authority from National on managing the economy.

The latest Ipsos Issues Monitor survey, which polled 1002 people, shows Labour is trusted to manage the top-five issues: inflation/cost of living, health, the

In its previous survey in May, National was considered the most capable to manage the economy but lost to Labour on the other four.

Of the 20 issues included in the survey, Labour was considered the most capable for 16 of them. The only issue National was considered more capable than Labour was crime, although the two parties were considered equally capable of managing defence/foreign affairs.