Winston Peters seeks coalition support for $100 billion infrastructure fund in New Zealand
Summary: Winston Peters, leader of New Zealand First, is seeking support from his coalition partners for a proposed $100 billion infrastructure fund before the 2026 election. This initiative aims to enhance infrastructure security and economic growth, but faces challenges due to National's previous borrowing commitments.
Peters presented the fund at his party's annual convention, emphasizing its independence from political interference. He compared it to successful models in Singapore and Ireland, asserting it would not increase national debt. However, he faces skepticism from coalition partners, particularly National and ACT.
The proposal comes amid tensions with pro-Palestine protesters during Peters' speech. He also addressed labor issues, indicating a willingness to discuss policies with ACT, despite competition for similar voter bases.
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