Negotiations concluded in coalition talks: official sign-off tomorrow

Act leader David Seymour (left), incoming prime minister and National leader Christopher Luxon and New Zealand First leader Winston Peters (right) Composite: Getty images/AP/AFP

A coalition deal has been reached to form New Zealand's next government.

National, Act and New Zealand First have agreed to the terms of a deal, but a now needs to be formally signed off by the parties respective boards.

In a joint statement released on Twitter, the party leaders said that the Government “will deliver for all New Zealanders.

“The parties are now going through their respective party processes for final sign-off and we expect that process to be completed this evening.

“Subject to agreement by all parties, a signing ceremony will take place tomorrow at Parliament.

The Act Party Board has signed off the deal it’s understood.