Mini-Hoon: Inside Labour's Future Fund policy
I spoke with Labour Finance Spokeswoman Barbara Edmonds last night about Labour’s first big policy idea for the 2026 election: a new sovereign wealth fund to invest in New Zealand infrastructure and growth businesses. It would be seeded with an initial grant of $200 million and topped up regularly with dividends from state-owned enterprises (SOEs) and potentially partially-owned SOEs such as the gentailers and Air New Zealand, although that wasn't confirmed due to ‘commercial sensitivities.’
I asked her what problem it solved and why other tax and more direct Government investment policies…
The skinny
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