Labour leader Chris Hipkins unveiled the "New Zealand Future Fund" on October 20, 2025, marking it as the party's first major policy for the upcoming election. The fund aims to invest solely in New Zealand infrastructure and businesses, to foster secure, well-paid jobs, boost productivity, and ensure that wealth generated within the country remains domestically invested. The initiative is positioned as a response to past criticisms of rapid policy implementation without adequate follow-through. Hipkins emphasized that the next Labour government would adopt a more measured approach, focusing on business growth without unnecessary reviews or delays.

The Future Fund will be managed alongside the New Zealand Super Fund, with the Minister of Finance serving as the sole shareholder. It will be seeded with a combination of Crown assets and an initial NZ$200 million (US$114.6 million) capital injection. The fund's structure is designed to reinvest dividends from publicly owned assets, ensuring long-term growth and preventing the sale of these assets through legislative protections. The policy also seeks to address the issue of New Zealand-grown businesses lacking sufficient local investment, leading to job and opportunity losses as companies move offshore. By keeping investments within the country, the fund aims to retain and create jobs, particularly for younger New Zealanders.