Budget 2024: No leadership - How tech fared nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
New Zealand proposes 6 6% cut in defence spending amid personnel and equipment woes marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Exclusive-New Zealand Proposes 6 6% Cut in Defence Spending Amid Personnel and Equipment Woes usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
New Zealand’s conservative government will cut military spending by 6.6%, according to the defence minister's office, even as the armed forces struggle with ageing equipment, a shortage of manpower and ambitions for a greater regional role. According to previously unreported data, provided to Reuters by the defence minister, proposed defence spending will fall to NZ$4.95 billion ($3.03 billion) for the year that ends in June 2025. This year's defence budget was NZ$5.3 billion.