the podcast on
The Finance Minister says it could take 15 years before Defence Force spending reaches a goal set out by the Prime Minister.
Christopher Luxon says he want the Government to get close to spending 2 percent of the country's GDP on defence.
It comes as Chinese naval ships run live firing round practice in the Tasman Sea.
Nicola Willis says it will take quite a few budgets to meet the 2 percent threshold.
"What we're working on is a defence capability plan that sets out what are the big investments we need to make to get our defence force ready - and that will take us out to 2040."
LISTEN ABOVE
- Defence Minister reveals new location of Chinese warships in Tasman Sea
- China’s military moves in Pacific pose growing threat, expert warns
- Behaviour ‘consistent with live fire’: NZ Navy shadowing Chinese warships
- Judith Collins: 'Geostrategic competition' in our region
- 'Trust, but verify': Winston Peters calls for the release of all details of the Cook Islands-China deal
- 'An unusual move': Defence Minister monitoring Chinese navy vessels in the Tasman sea
- Former Defence Minister warns NZ needs to boost military capabilities
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