The new coalition government of National, ACT and New Zealand First will be stable, effective and will deliver for all New Zealanders, National Leader and incoming Prime Minister Christopher Luxon says.

“Despite the challenging economic environment, New Zealanders can look forward to a better future because of the changes the new Government will make,” Luxon says.

“I said on election night that we would be a government that would deliver for every New Zealander, regardless of who we are, where we are and whatever our life circumstances. How the coalition parties do that has been at the core of our negotiations?

“New Zealanders have put their trust in us. In return, we trust New Zealanders. We believe in this country. We are ambitious for it. We know that, with the right leadership, the right policies and the right direction, together New Zealanders can make this an even better country.”

The three-party coalition government is the first in New Zealand’s MMP history, with all parties represented in Cabinet.

New Zealand First Leader Winston Peters will be Deputy Prime Minister for the first half of the three-year Parliamentary term.

ACT Leader David Seymour will be Deputy Prime Minister for the second half of the term.

Peters will be Minister of Foreign Affairs, and Seymour Minister for Regulation.

The 20-strong Cabinet will have 14 National Ministers, three ACT Ministers and three New Zealand First Ministers.

Nicola Willis will be Minister of Finance, Brooke van Velden will be Minister for Workplace Relations and Safety and Shane Jones will be Minister for Regional Development.

There will be five ministers from National, two from ACT and one from New Zealand First Outside Cabinet.

ACT and New Zealand First will each have one Parliamentary Under-Secretary.