Prime Minister Christopher Luxon said he may bring four-year political terms to a national vote at the next election.
At present, a general election is held in New Zealand every three years.
At the Bloomberg Address in Auckland today, Luxon said that four-year political terms have cross-party support.
He said it was not the government's top priority right now, but he planned to push a referendum in time for the next election in 2026.
Coalition partners NZ First and ACT have called for four-year political terms in the past.
In January, National said it had no position on a four-year term, despite committing to introduce legislation on it and such a move having broad support in Parliament.
Under the coalition agreements, ACT leader David Seymour's Constitution (Enabling a 4-Year Term) Amendment Bill is set to pass its first reading within the government's first 15 months.
"I think a lot of people agree that having three years is too short," Seymour told RNZ then.
"We'd get careful, considered law-making more often if we had a four-year term. It's about 180 countries in the world that have some sort of Parliament, only three of them work on a three-year term."
