US EditionNew Zealand aims to nearly double defence spending to 2% of GDP
- The Government will invest $12 billion over the next four years for a modern, combat-capable New Zealand Defence Force .
- New Zealand's defence spending will increase from just over one percent of GDP to more than 2 percent within eight years.
- New Zealand stated, 'There can be no prosperity without security,' highlighting the need for increased defence funding.
- The strategy focuses on essential investments in the next four years for the NZDF to adapt to changing global circumstances.
40 Articles
40 Articles
New Zealand pledges to double defense spending to modernize ships, surveillance, networks
"Distance certainly is no longer any protection for New Zealand, not when we have an intercontinental ballistic missile launched in the South Pacific, not when ships with enormous strike power come into our backyard," Defense Minister Judith Collins told reporters at a Monday press conference.
New Zealand vows to play catch-up on defense investments
WELLINGTON, New Zealand — Government leaders in New Zealand have pledged to increase defense spending and plug longstanding capability gaps, as countries in the region contend with the rise of China.“We can’t have prosperity without security. That’s why we’re [doubling] defense spending to 2% of GDP over the next eight years,” Prime Minister Christopher Luxon posted on X after the country’s long-awaited Defence Capability Plan (DCP) was released…
Govt's defence spend comes with darker edge
Analysis: In a world on edge amid multiple conflicts – and with little confidence in the United States to act as a security guarantor – New Zealand is joining a growing number of nations seeking greater self-reliance when it comes to their own defence.The Government’s newly released defence capability plan, outlining $9 billion in new spending over four years and setting a framework for further investment to come, is intended to take the NZ Defe…
The Independent
New Zealand to double defence spending to 2% of GDP
New Zealand will double its defence budget to 2 per cent of GDP within the next 10 years, prime minister Christopher Luxon announced on Monday, a sharp reversal of direction from last year’s cuts to military spending.
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