Deciding new government, but NZ First won't name its board members

There's no love lost between Seymour and Peters and Monday's release was a chance for the ACT leader to call Peters

They both require Peters' support to pass the 61 seats needed to form a government, but the 72-year-old has drawn out the negotiations as he seeks maximum advantage for his New Zealand First (NZF) party.

The lack of transparency is concerning given the board of directors will make the final decision over New Zealand First forming a government with National, or with Labour. He held the balance of power in 1996 (siding with National) and in 2005 (siding with Labour). That will still put us a very short space after the votes were counter and it is not New Zealand First's fault the September 23 election results were not known until October 7.

Mr Peters said there were nine government formation options open to NZ First when the talks began on Sunday, and all those options were still on the table.

"I can honestly tell you I wouldn't take a guess what anyone is now thinking".

National won 56 seats in parliament, losing two seats to the Labour-Green bloc which together took 54 seats.

The New Zealand Herald has also published a more extensive list of people thought to have served on the NZ First board in recent times.

The narrowing in the gap between the two sides could make Peters more comfortable to go with Labour-Greens if he so chooses.

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

English was not available for comment and has kept a low profile during the negotiations.

Observers said Peters' focus in talks will likely be on domestic policies, especially regional development to shore up his voter base, despite his rhetoric about limiting Asian investment and reducing immigration.

Mr Peters said that was why there would be no decision tonight - it would be tomorrow at the earliest, and even then it could be days before an announcement was made. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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