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

‘Looking up’: Recovery taking hold as business confidence hits 11-year high
Economy

‘Looking up’: Recovery taking hold as business confidence hits 11-year high

Business confidence jumped another nine points from 58 to 67 in November, the highest level in 11 years, the ANZ Business Outlook survey for November shows.“Things are looking up!” said ANZ chief economist Sharon Zollner.“Out of a hole, admittedly,” she added.When interpreting qu...

Rodger Finlay new RBNZ chair, Rhiannon McKinnon to board
Economy

Rodger Finlay new RBNZ chair, Rhiannon McKinnon to board

Finlay is expected to deliver increased accountability and transparency.

RBNZ cuts official cash rate to 2.25%
Economy

RBNZ cuts official cash rate to 2.25%

The committee voted by five to one to cut.

Rebecca Howard 26 Nov 2025