The Labour party has launched its first new policy this term - and it hasn't taken long for its opponents to start taking swipes at it. Today opposition leader Chris Hipkins announced a future fund which would invest in New Zealand infrastructure and businesses only. It is being welcomed by Infrastructure NZ and supporters of small-business but the government and its coalition partners have been quick to pile in - with the NZ First leader calling it a cheap knock off of its own policy and a National MP calling it a "total joke". Lillian Hanly reports.

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