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There's doubt there will be many major announcements in the Budget on Thursday due to the Government's level of debt.
The latest update from Treasury shows it has more than $105 billion of debt - up almost 20 percent on February last year.
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- Category: Defence
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Can’t beat Wellington on a good day HMNZS Aotearoa sailed into Te Whanganui–a-Tara this morning on her maiden voyage to the Capital for a week of official engagements.
The 26,000 tonne vessel, Aotearoa, is the newest in our fleet and, at 173 metres in length, the largest-ever to have flown our Navy’s White Ensign.
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Read more: Royal New Zealand Navy: HMNZS Aotearoa arriving into Wellington
- Article: https://www.facebook.com/watch/?v=249651273581321
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The Ministry of Defence is testing the waters with the military maritime industry over a new ship to patrol the vast icy expanse between New Zealand and Antarctica.
The project is in its early stages, but planning documents indicate the ice-strengthened ship would cost between $300m and $600m.
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Read more: Defence Force launches new Southern Ocean patrol vessel project, price tag $300m+
- Article: https://www.stuff.co.nz/national/300310572/defence-force-launches-new-southern-ocean-patrol-vessel-project-price-tag-300m
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The Royal Family is allegedly "distressed and angry" following Prince Harry's "hurtful" comments about royal life, in which he compared his role in the monarchy to "living in a zoo".
Royal expert Katie Nicholl spoke to ET about the fallout from Harry's appearance on Dax Shepard's Armchair Expert podcast, in which he revealed he'd been wanting to leave the royal family since his early 20s.
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A group of Democratic U.S. lawmakers on Tuesday urged Facebook Inc to drop plans for a version of photo-sharing app Instagram for children younger than 13, saying the social media company had failed to "make meaningful commitments to protecting kids online."
Senators Ed Markey and Richard Blumenthal and Representatives Kathy Castor and Lori Trahan said Facebook had not addressed their concerns.
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Read more: US lawmakers urge Facebook to drop plans for Instagram for kids
- Article: https://www.newshub.co.nz/home/world/2021/05/us-lawmakers-urge-facebook-to-drop-plans-for-instagram-for-kids.html
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Pacific nuclear test veterans are encouraged their quest to gain a long-awaited apology for being exposed to radiation appears to have ministerial support.
Kiwi sailors on the decks of the HMNZS Rotoiti and HMNZS Pukaki witnessed atomic explosions and collected weather data during Operation Grapple, Britain’s Pacific nuclear testing programme of the 1950s.
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Read more: Nuclear test veterans encouraged quest for apology will succeed
- Article: https://www.stuff.co.nz/national/300309768/nuclear-test-veterans-encouraged-quest-for-apology-will-succeed
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Taiwan appealed to people to avoid panic buying of items such as instant noodles and toilet paper as new curbs on gatherings and movement took effect to rein in the spread of COVID-19 during a spike in domestic infections.
Taiwan raised its coronavirus alert level in the capital, Taipei, and the surrounding city, on Saturday, imposing two weeks of restrictions that will shut many venues and limit gatherings. It reported 206 new domestic infections on Sunday.
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Read more: Taiwan urges no panic buying as new COVID-19 rules kick off
- Article: https://www.newshub.co.nz/home/world/2021/05/coronavirus-taiwan-urges-no-panic-buying-as-new-covid-19-rules-kick-off.html
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ANALYSIS: When Australian Treasurer Josh Frydenberg handed down the Australian Federal Budget on Tuesday, it marked a step-change: Instead of the job of Treasurer being to try and balance the books, it was now going to be using taxpayer money to drive unemployment down.
Principally, the Aussies are now going to throw down $74.6 billion over the next two years on tax cuts and business while lavishing tax breaks in sectors such as health, aged care and mental health: traditionally low wage industries, dominated by women.
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Read more: Is New Zealand on the eve of a new brain drain to Australia?
- Article: https://www.stuff.co.nz/national/politics/125142382/budget-2021-is-new-zealand-on-the-eve-of-a-new-brain-drain-to-australia
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