| A Labour Government would establish a sovereign wealth fund to invest in new businesses, including clean energy projects using dividend cash from the remaining stakes in mixed ownership model companies and higher oil and gas royalties, leader David Cunliffe says.
Mr Cunliffe this morning unveiled his party's 'NZ Inc' policy which he said would "drive growth, boost clean technology and protect our strategic assets to achieve our goal of a smarter, cleaner, fairer economy". The policy's three key aims were to "drive sustainable growth, support the transition from fossil fuels to clean technology and enshrine New Zealand ownership of our strategic assets"...............................................Full Article: Source
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