New Zealand spent $113m helping build and use US military satellites
New Zealand has spent $113 million so far to help build and use a web of United States military satellites, government papers show.
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New Zealand has spent $113 million so far to help build and use a web of United States military satellites, government papers show.
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.
Proposed defence spending for New Zealand will fall to $NZ4.95 billion ($A4.52 billion) for the year that ends...
New Zealand's proposed defence budget for the next fiscal year will be 6.6% smaller than the current year's, affecting the armed forces' capacity amidst challenges like ageing equipment and manpower shortages. Efforts to enhance regional security roles are constrained by financial limitations and sustained underinvestment in defence capabilities.
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