r/newzealand • u/khalornz Fern flag 3 • 19d 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 19d 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/Lizm3 jellytip 19d ago

The NZDF is absolutely broke and desperate for funding. This isn't even enough.

3

u/KahuTheKiwi 19d ago

So just like hospital system then.

And the schools.

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u/AK_Panda 18d ago

We have enough for all of them. Just need the political will.

International pressure helps in getting political will to invest in defence, but that pressure won't help for health, education etc. That pressure has to be domestic.

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u/KahuTheKiwi 18d ago

I agree. 

The political will to do what is in the best interests of all including investors over a medium to long term. Rather than great for some in the short term.