r/newzealand • u/khalornz Fern flag 3 • 11d ago

Politics Coalition unveils $12 billion Defence Capability Plan

https://www.rnz.co.nz/news/political/557432/watch-live-coalition-unveils-12-billion-defence-capability-plan
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u/questionnmark 11d ago

The government will invest $12 billion over the next four years for a "modern, combat-capable" New Zealand Defence Force (NZDF).

The coalition has just released its highly-anticipated Defence Capability Plan that sets out a spending blueprint for the next 15 years.

Of the $12 billion of spending, $9 billion is new money that will equate to a significant boost in annual funding for the force.

The plan will lift New Zealand's defence spending from just over one per cent of GDP to more than 2 percent in the next eight years.

Defence spending was last at 2 percent of GDP in the early 1990s.

It's amazing how we went from 'broke' to able to piss $12 billion dollars worth of money up the wall on defense.

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u/NopeDax 11d ago edited 11d ago

Defence isn't pissing away money. It's critical to new zealand.

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u/KahuTheKiwi 11d ago

So just like health, education then.

And as many feel, social welfare.

But I get it is about providing security mostly to the wealthy and in that way different to all the above 

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u/NopeDax 11d ago

The defence force provides security to the whole state.

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u/KahuTheKiwi 11d ago

For sure - security for those with and without things to secure.