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South Taranaki's iwi and council have drawn up a new partnership agreement just as the new coalition government plans to take an axe to co-governance.

Newly sworn-in Prime Minister Christopher Luxon and coalition partners Winston Peters and David Seymour have spoken to media after the formal ceremony in Wellington.

After being sworn in as 42nd prime minister, Luxon told ministers they had a responsibility to deliver clear and measurable improvements in the quality of New Zealanders' lives. Video

Among a number of agreements made during talks with New Zealand First and ACT, National has agreed to push for a four-year term between general elections.

Photos and action from the official signing of the coalition deal between National, ACT and New Zealand First.   

Analysis - After some intermittently passive-aggressive political posturing and much striding through airports, the deals were done and signed off in Wellington on Friday, Richard Shaw writes.

The incoming government also appears to align on issues of crime and immigration under the coalition deal signed by the leaders of National, ACT and New Zealand First.

Power Play: The coalition leadership's first public appearance gave a taste of the dynamics around the incoming administration and the personalities that will drive it.

Analysis - The three ring-masters of the coalition announcement had spectacularly different ideas about the point of the show.

It took 40 days and 40 nights - but at long last, the country knows what its new government will look like.

New Zealand's first-ever three-way coalition: National, ACT and New Zealand First finally…

A referendum on the Treaty of Waitangi could still be in play in the new coalition government agreement.

Analysis: Winston Peters' seniority is enhanced as he wins first go as deputy PM; Christopher Luxon puts a sensible cabinet together and Labour is primed to attack the new coalition government.

Winston Peters will be deputy prime minister for the first half of the parliamentary term, with Seymour taking over for the remainder, as the new government reveals its ministerial lineup.

The coalition agreements seen today reveal a "very confused and contradictory grab-bag" that will "take New Zealand backwards", says Labour leader Chris Hipkins.

The principles of the Treaty of Waitangi will come under review by the new government.

Christopher Luxon, Winston Peters and David Seymour have made their first speeches since announcing the details of their coalition deal.

副总理将由Winston Peters和David Seymour各出任18个月；内阁部长总计20人，国家党14人、行动党、优先党各3人。

Winston Peters will be deputy prime minister for the first half of the parliamentary term, with David Seymour taking over for the remainder, as the new government reveals its ministerial lineup.