NZ Bus and the Auckland Combined Unions say they have reached an agreement at mediation for a Collective Employment Agreement.
This follows a week of disruption for tens of thousands of Auckland commuters and nearly three weeks of talks facilitated by the Employment Relations Authority.
In a statement released late on Friday afternoon, NZ Bus says the unions will recommend to their members they ratify the proposal at a meeting next Wednesday.
It says the three-hour meeting will affect the off-peak services of Metrolink, North Star, Waka Pacific, Go West, Link and City Circuit buses between 10am and 1.30pm.
NZ Bus says there will be no disruption to school bus services.
A Combined Unions spokesperson, Karl Anderson, says a lot of hard work has gone into the mediation and he's pleased an agreement has finally been reached.
However, he is refusing to comment any further as many of the union's members are still to be informed of the breakthrough.