Peter Dunne and Brigitte Morten join Nick Mills as Luxon's coalition deal is unveiled (1)

Compromise at the Beehive.

A split deputy prime ministership, with the role shared between New Zealand First's Winston Peters, and ACT's David Seymour.

Peters takes the job for the first one and a half years, Seymour the second.

Peters will also once again take on Foreign Affairs.

The 20-strong Cabinet's comprised of 14 ministers from National, three from ACT, and three from New Zealand First.

The Finance portfolio goes to National's Nicola Willis -- but the proposed foreign buyer tax will no longer go ahead.

Gerry Brownlee will be nominated as speaker.

Incoming Prime Minister Christopher Luxon says National's tax package will be funded via spending re-prioritisation.

Political commentators Peter Dunne and Brigitte Morten join Nick Mills as the coalition announcement unfolds, and provide analysis on Friday Faceoff.

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