Winston Peters says first negotiations 'very constructive'by Jane Patterson
Mr Peters said the parties had not discussed possible ministerial positions, but were concentrating on policy.
Initial discussions to lay the ground rules for this week's talks were held last week, but Mr Peters had made it clear he would not start any serious negotiations until the final election result was known.
There were two meetings at Parliament yesterday afternoon, each lasting just over two hours.
Mr Peters said 'policy is everything' and that had very much been the focus of the day.
When asked about Saturday's result, in which National lost two seats and Labour and the Greens each picked up one, Mr Peters told reporters: "It did pay to wait, didn't it?".
A short time later, on his way to this afternoon's meeting with Labour, he was asked to expand upon that comment.
"Well I notice that most of you didn't wait, you gave all your views, made absolute fools of yourselves day in, day out but we thought it was rather important to wait and that's a fact."
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