Defence to draw more on local suppliers, smarts

Defence to draw more on local suppliers, smarts
Paul McBeth
By Paul McBeth June 12 (BusinessDesk) - The government wants greater engagement from the New Zealand Defence Force with local suppliers and researchers in its $20 billion blueprint to shape the nation's military for the next 30 years.  Defence Minister Ron Mark yesterday unveiled the 2019 Defence Capability Plan, outlining how the Labour-led coalition plans to meet its priorities for the navy, army and airforce with a 30-year capital investment programme. He said the plan was developed with the government's priorities in mind and will be...

More Economy

Less than 10% of Provincial Growth Fund loans repaid
Primary Sector

Less than 10% of Provincial Growth Fund loans repaid

Of nearly $366m paid out in loans, just over $34m has been repaid.

Michael Neilson 04 Nov 2025
Stress test shows banks resilient to IT failure, global shocks
Economy

Stress test shows banks resilient to IT failure, global shocks

Results showed strong capital but warned long recoveries after severe shocks.

Rebecca Howard 03 Nov 2025
Unemployment expected to edge up to 5.3%
Economy

Unemployment expected to edge up to 5.3%

The data is due on Wednesday at 10.45am.

Graham Skellern 03 Nov 2025