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16 Apr 2025 1:07
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  •   Home > News > Business

    The Prime Minister's confident the Government has the money to back its expanded Defence plan

    The Prime Minister's confident the Government has the money to back its expanded Defence plan


    It's pledged 12 billion dollars over four years for a variety of infrastructure, including enhancing strike capabilities, replacing Boeing 757s, and upgrading javelin anti-tank missiles.

    It'll raise our defence spending to two percent of GDP.

    Chris Luxon says all will be revealed in the upcoming Budget.

    He says they can manage it within their fiscal settings and each business case will go before Cabinet to evaluate their worth.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

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    A trans-Tasman match-up between Super Rugby champions has increased calls for more crossover affairs between New Zealand and Australian franchises in the future More...


    BUSINESS BUSINESS
    Housing market momentum could buck seasonal trends More...



     Today's News

    International:
    Canberra confirms Indonesia won't host Russian planes at air force base 22:37

    Environment:
    Tropical Cyclone Tam is expected to bring significant heavy rain and wind for the North Island and parts of the South Island 21:57

    Entertainment:
    Bob Mortimer has said he no longer fears death after seeing "light" during his life-saving heart operation 21:56

    Entertainment:
    One of Sean 'Diddy' Combs' accusers has removed Jay-Z and Beyoncé's names from his filing against the jailed rapper 21:26

    Rugby:
    A trans-Tasman match-up between Super Rugby champions has increased calls for more crossover affairs between New Zealand and Australian franchises in the future 21:17

    Christchurch:
    A person has died in a crash on State Highway one at Leithfield this afternoon 21:07

    Entertainment:
    Tori Spelling says a conversation with her daughter led to the breakdown of her marriage 20:56

    Entertainment:
    Katie Thurston no longer needs chemotherapy after getting a second opinion about her breast cancer 20:26

    Entertainment:
    Tyla finds the conspiracy theory that she is a CIA spy "hilarious" 19:56

    Entertainment:
    Jack Quaid fractured his ankle a week before his first leading role as a child 19:26


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