New Zealand PM-elect says 'significant milestone' reached in forming govt

FILE PHOTO: Christopher Luxon, leader of New Zealand's National Party waves to supporters at his election party after winning the general election in Auckland, New Zealand, October 14, 2023. REUTERS/David Rowland/File Photo

WELLINGTON (Reuters) - New Zealand's Prime Minister elect Christopher Luxon said on Monday that a "significant milestone" had been achieved in forming a government overnight with the National Party, ACT New Zealand and New Zealand First agreeing on policy programmes.

National won the largest share of votes in New Zealand's Oct. 14 general election but needs both NZ First and ACT to form a government. The three parties are currently negotiating coalition agreements.