New Zealand 2026 general election and government formation

New Zealand’s 2026 election is determining how National can retain power through coalition formation after falling short of an outright majority.

Early returns showed National ahead of Labour in seats while ballots were still being tallied. At 65% counted, Prime Minister Christopher Luxon said National had a path to govern but the result was too close to call. After 100% was tallied, National held 42 seats and Labour 36, leaving both short of the 65-seat threshold.

The result affects New Zealand fiscal policy, coalition bargaining, market expectations and the direction of government.

• National finished with 42 seats in supplied reporting. • Labour finished with 36 seats. • A 65-seat threshold is required for an outright majority. • Reported smaller-party totals include Greens 16, ACT 13, NZ First 12, TOP 7 and Te Pāti Māori 5.