But unions say Holidays Act overhaul leaves women, casual and part-time workers worse off.
But setting up new Ministry of Regulation will take several months at least.
Compromises appear to have been made to accommodate all parties in the Cabinet.
Tax cuts will come into effect next July as income tax thresholds rise.
The new Government has been announced, with the 20-strong Cabinet having 14 National ministers and three each from Act and New Zealand First.
Respective parties are ratifying the coalition agreements this evening.
Local councils have been marginalised by successive governments, but some policies could work, says infrastructure lobby group.
The party leaders are now talking about ministerial positions in the new Government.
US trade access unlikely to open, commentators say, as it could not even deliver on its own commitment to the Indo-Pacific Economic Framework.
The Auditor-General’s Office is not confident we understand the value we get from our taxes.