The 1954 New Zealand Labour Party leadership election was held on 23 June 1954 to determine the future leadership of the New Zealand Labour Party. The election was won by Hutt MP Walter Nash, the incumbent leader.

Sir Walter Nash was a New Zealand politician who served as the 27th prime minister of New Zealand in the Second Labour Government from 1957 to 1960. He is noted for his long period of political service, having been associated with the New Zealand Labour Party since its creation.