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Hipkins Unable to Say Which Businesses Would Benefit From New Wealth Fund

Labour proposes the fund to support local industries, create secure jobs, and reinvest dividends legally to keep wealth within New Zealand, starting with a $200 million government injection.

Summary by NZ Herald
Labour leader Chris Hipkins would not provide an example of a business that would benefit from their new wealth fund when quizzed by HeraldNOW’s Ryan Bridge.

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  • 43% of the sources lean Left, 43% of the sources are Center
43% Center

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Bloomberg broke the news in United States on Monday, October 20, 2025.
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