Daniel McCaffrey of the Better New Zealand Party.

A new political party firmly ensconced on the right-hand side of the political spectrum hopes to contest the next election.

However, political experts are sceptical there is room for another party in territory already held by ACT.

Wellingtonian Daniel McCaffrey revealed the policies of Better New Zealand on Twitter on October 14 with a teaser to a full party launch set for mid-2019.

New Political party in New ZealandUp and running mid 2019Policies here.https://t.co/ixY7BxiXhk — Daniel McCaffrey (@mccaffreydanie1) October 14, 2018

In a list of policies and proposals, McCaffrey said he was pushing for the removal of excise duties on tobacco, alcohol and petrol and the legalisation of cannabis.

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Professor Jack Vowles from Victoria University said history was against the new party.

"The history of alternative centre-right or right-wing parties efforts to be successful under MMP doesn't bode well for the success of this party," Vowles said.

"ACT is already in this space and has gained little or no traction recently."

Vowles said the National Party continued to attract the votes of most people on the right, and showed no signs of losing them.

SUPPLIED Screenshots from the Better New Zealand website.

"There are no obvious reasons why this party should get anywhere."

Along with a significant reduction in excise duties, Better NZ advocated a companies tax set at 10 per cent, with financial benefits expected by the party's policy makers to trickle down to workers.

Other policies included the proposal to remove the country from any climate change effort as New Zealand's contribution to change was "futile".

Dr Claire Timperley, also from Victoria University, said the recent example of The Opportunities Party illustrated how difficult it was for new parties to brake the necessary five per cent threshold.

"The 5 per cent is really difficult. TOP was distinctive enough and had some star power and money behind it. It was well positioned to make a move," Timperley said.

"If they are competing for the same space as ACT, then it will be interesting to see how they go."

SUPPLIED The party argues there is no point to New Zealand upholding climate change agreements as its impact is minimal.

The man behind Better NZ was once affiliated with Labour.

McCaffrey was a former Labour candidate for Te Atatū and member of the neo-liberal Backbone Club faction within the party.

After conflict with Labour's leadership over his West Auckland candidacy, McCaffrey left the party and went into self-publishing.

When McCaffrey was approached by Stuff, he declined to comment on his new political efforts.

"If you could get back to me in March 2019 I will have, I hope, much to report," he said.

Despite a digital presence that included a website, Twitter, Facebook and Youtube page, Better NZ had yet to take formal steps to register the party.

According to a spokesperson from the Electoral Commission, Better NZ was "not a registered party and we have not received an application from them".

Sixteen different political parties contested the 2017 election.