UPDATED 5.52PM: The president of the Labour Party has just resigned.

Moira Coatsworth's term was due to end in November next year, but she's brought that forward to the middle of next month.

She says it's time for a fresh set of hands, now that the party has a new leader at its helm.

"I thought the right time for a new president in the Labour Party is towards the beginning, because it's really a three year cycle in politics. So it's not a recent decision, it's a decision made some time ago," she says.