Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Defence Force receives $300.9m new funding

Hon Gerry Brownlee

Minister of Defence

26 May 2016

Defence Force receives $300.9m new funding

The Defence Force receives new operating funding of $300.9 million over four years as part of Budget 2016 to support the work it does, Defence Minister Gerry Brownlee says.

“This funding follows the 2013 Defence Mid-Point Rebalancing Review, which determined indicative funding needs of the Defence Force to 2030,” Mr Brownlee says.

“The Review continues to be implemented, and I’m pleased that this is the third year that new funding has been made available.

“The Government's long-term commitment to having a modern and responsive Defence Force is also reflected in the 2016 Defence White Paper, which will be released shortly.

“The White Paper confirms investment in major capabilities and infrastructure to deliver Defence policy out to 2030.

“The funding announced today allows the Defence Force to concurrently undertake domestic, regional and international security tasks, giving it greater options in responding to changes in the security environment,” Mr Brownlee says.

“It will provide for increases in a wide range of operational areas, such as personnel, and costs associated with new and improved capabilities.

“These increases are required for the Defence Force to carry out the tasks required of it by the Government.

“It will also enable the continued introduction into service of new and upgraded capabilities and the regeneration of Defence properties,” Mr Brownlee says.

The new funding is made of up of $31.8 million in 2016/17 and $89.7 million in each of the following three years.

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.