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New Zealand aiming for steady rises in defence spending, minister says
May 29, 2026
Reuters

New Zealand aiming for steady rises in defence spending, minister says

New Zealand plans to spend more on defence, aiming for 2% of GDP in 8 years. Defence Minister Chris Penk said, "it's our intention to have a smooth and steady upward trajectory." This means nearly doubling military spending to boost capabilities, with new drones and frigates planned.