Wellington: Bill English and Paula Bennett have emerged victorious from caucus, having been voted New Zealand's new Prime Minister and Deputy on Monday morning.
More than a decade after he tried and failed to become the country's leader, Mr English from the ruling National Party becomes the country's 39th Prime Minister. The position became vacant after John Key's formal resignation last week.
More World News Videos
- Video duration
- 01:30
NZ PM John Key's surprise resignation
NZ PM John Key's surprise resignation
New Zealand Prime Minister John Key announces his resignation at a press conference on Monday. Vision courtesy ABC News 24
Up Next
The Fed explained
- Video duration
- 03:10
- Video duration
- 03:10
The Fed explained
The Fed explained
The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase. Here's a look at the US Federal Reserve's decision-making process.
Up Next
'La La Land' tops Globes with 7 nominations
- Video duration
- 00:48
- Video duration
- 00:48
'La La Land' tops Globes with 7 ...
'La La Land' tops Globes with 7 nominations
Musical 'La La Land' sang and danced its way to a leading seven Golden Globes nominations, with coming-of-age tale 'Moonlight' close on its heels with six.
Up Next
Battle for Aleppo 'at its end'
- Video duration
- 01:14
- Video duration
- 01:14
Battle for Aleppo 'at its end'
Battle for Aleppo 'at its end'
The Syrian army is in the 'final stages' of recapturing Aleppo after a sudden advance that has pushed rebels to the brink of collapse.
Up Next
Young US immigrants warned of travel risks
- Video duration
- 02:58
- Video duration
- 02:58
Young US immigrants warned of travel risks
Young US immigrants warned of travel risks
Young immigrants who live illegally in the country and are traveling abroad have been advised to return to the US before Donald Trump is sworn in as president.
Up Next
Trump's 'thank you' tour hits Michigan
- Video duration
- 01:18
- Video duration
- 01:18
Trump's 'thank you' tour hits Michigan
Trump's 'thank you' tour hits Michigan
US President-elect Donald Trump thanks supporters during a rally in Grand Rapids, Michigan.
Up Next
McConnell: 'The Russians are Not Our Friends'
- Video duration
- 02:36
- Video duration
- 02:36
McConnell: 'The Russians are Not Our ...
McConnell: 'The Russians are Not Our Friends'
Senate Majority Leader Mitch McConnell condemns Russian hacking of U.S. political organisations, as President-elect Donald Trump continues to downplay the CIAâs confidential assessment that Russia hacked into the DNC.
Up Next
China warns Trump to uphold 'one China' principle
- Video duration
- 00:47
- Video duration
- 00:47
China warns Trump to uphold 'one China' ...
China warns Trump to uphold 'one China' principle
China has expressed 'serious concern' after US President-elect Donald Trump said the United States did not necessarily have to consider Taiwan as part of 'one China'.
NZ PM John Key's surprise resignation
New Zealand Prime Minister John Key announces his resignation at a press conference on Monday. Vision courtesy ABC News 24
Paula Bennett succeeds Mr English as deputy.
Mr English said he was "excited and humbled" to have been elected.
Related Content
Excited and humbled to be elected the new Leader of the @nznationalparty with @paulabennettmp as Deputy Leader. pic.twitter.com/tLtt6x9AfT
— Bill English (@honbillenglish) December 11, 2016
Asked whether he would stay on for the full term if he wins the elections in 2017, Mr English said: "That's about three layers of hypotheticals there. Let's wait until I'm sworn in first."
He is expected to be sworn in on Monday afternoon.
Mr English takes the reins of a country in good economic shape compared to much of the developed world. He has held several ministerial posts across education, health and finance since joining parliament in 1990.
As finance minister, his key policies included moves to partly privatise several state-owned energy firms and Air New Zealand, cutting personal tax and corporate tax rates and increasing the goods and services tax.
Heading into the caucus meeting, Mr Key said he had confidence in his successor.
"But I know I'm passing over to tremendously good hands in the form of Bill English and Paula Bennett and they're going to steer the country extremely well," Mr Key said.
Ms Bennett is the first Maori in a leadership position in a long while. In comments after the vote she said it was part of her identity, but was not going to pretend to have grown up on a marae.
Despite initial competition from Health Minister Jonathan Coleman and Police Minister Judith Collins, Mr English was the last man standing in the race.
Both stood down on Thursday after it became clear the 54-year-old finance minister had the backing of the majority of the 59-member caucus.
Ms Collins says she didn't expect to be punished for her failed bid at the leadership, nor does Simon Bridges who was hopeful for a continued role in cabinet.
The transport minister on Saturday withdrew his own bid to be deputy, clearing the way for fifth ranked Mrs Bennett to be elected unopposed.
He said the new leaders were "spoilt for choice" with those around them.
Mr English has already revealed senior cabinet minister Steven Joyce would replace him as finance minister.
"You'll see probably a typical finance minister with some interest in particular areas," Mr Joyce said as he walked into the vote.
There are expected to be more tweaks to come in terms of cabinet and policy.
"We'll use it as an opportunity for a stocktake and we'll see how that looks in January, February," he said.
AAP, Stuff.co.nz, Reuters