New Zealand First board meeting on Monday

Winston Peters leader of the New Zealand First Party walks with officials to a meeting in Wellington

"The most widespread criticism of the current state of play is that a party leader with 7.5 percent of the nation's vote has been allowed to dictate the outcome for 100 percent of New Zealanders", Sean Kean, managing director of Auckland-based Triple T Consulting said.

After much uncertainty, Winston Peters has finally confirmed the date he will meet with the New Zealand First board to decide the next government.

The main conservative and liberal parties are competing to form a government after an election last month ended inconclusively.

The decision whether to back National or Labour will be taken by his party's caucus and board at a meeting to be held in Wellington on Saturday, Sunday or Monday.

The Green party won 8 seats and leader James Shaw has repeatedly said his party have committed to supporting Labour.

Labour, with 46 seats, will have to go into coalition with both the Greens and NZ First to be able to govern.

Peters has meanwhile requested that the privacy of NZ First's board be respected, a move that has left journalists scouring social media in an effort to piece together the identities of the men and women who are now charged with deciding the make-up of New Zealand's next government. Some names that have been revealed include Kristin Campbell-Smith, a former policy analyst at the department of internal affairs, Toa Greening, who stood for the Papakura seat and enjoys mountain biking and Thai food, and South Island party vice-president John Thorn, of whom little is known.

Winston Peters says the decision will be announced as soon as possible after the board has met. "We need to make sure we keep making a considered decision about the future of New Zealand".

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1 NEWS political editor Corin Dann says Mr Peters has no more face-to-face talks planned with parties, but says there are still discussions over policy details to be had.

Time is of the essence, Mr Peters said.

Asked how long the meeting could last for, Mr Peters replied, "They're booked in for the night if we have to".

Ardern spoke briefly to reporters after meeting with New Zealand First on Thursday but didn't answer questions.

Mr Peters said ministerial positions for his MPs hadn't been discussed and could be dealt with at a later stage.

Peters said it was the news media who had misunderstood the October 12 decision he'd previously promised.

"We've got a seriously comprehensive dossier from both sides".

A National/NZ First government would have 65 seats, while a Labour/Greens/NZ First government would have 63 seats.

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