Global military expenditure reached a record high of two point seven trillion dollars in 2024, according to a report by the Stockholm International Peace Research Institute. This is the tenth consecutive year that military spending has increased across the world.
Last week’s Budget announcement, as with declarations of investments earlier this year, in which $12 billion was committed to defence over the next four years, with an aim to reach 2% of GDP, demonstrate the New Zealand government’s interest in keeping up with global standards.
Peace Movement Aotearoa have called this central government decision “deplorable”, as the same budget made cuts to crucial social services, and has underinvested in urgent issues within sectors like health, climate action, and infrastructure.
Producer Sara spoke with Massey University’s Associate Professor in the Centre for Defence and Security Studies, Anna Powles, about why both global and national military spending is increasing despite other crucial areas needing investment.
Sara also spoke with Peace Movement Aotearoa co-ordinator Edwina Hughes about the effects of this increased militarisation taking priority over efforts to address humanitarian issues.
She began her interview with Associate Professor Anna Powles, by asking what some of the key drivers of this increased global military spending are.