New Zealand’s National, ACT NZ and NZ First ink coalition agreement

New Zealand’s National Party, ACT New Zealand, and New Zealand First signed an agreement to form a new coalition government. Winston Peters of NZ First will serve as the foreign minister, and the deputy prime minister role will be shared between Peters and ACT’s David Seymour over the three-year term. The new government aims to ease the cost of living, provide tax relief, restore law and order, and enhance public services, according to incoming Prime Minister Christopher Luxon. The 20-member cabinet includes 14 National ministers, three ACT ministers, and three NZ First ministers, with National’s Nicola Willis as finance minister. David Seymour, taking on the role of regulation minister, expressed the need to address rising prices, crime, and societal division. The National Party won the October 14 general election, leading to coalition negotiations under New Zealand’s Mixed Member Proportional voting system.

Source – CGTN