Nicola Willis
Coverage of Nicola Willis in the Nexus archive.
- New Zealand tells US it lacks billions ‘under the couch’ to raise defence spending
New Zealand's Finance Minister Nicola Willis stated the country lacks fiscal headroom to meet US defense spending expectations. US Defence Secretary Pete Hegseth criticized New Zealand's 2% defense spending target as insufficient, suggesting nations aim for up to 3.5%.
- New Zealand budget spares defense, intelligence agencies from cuts
New Zealand’s Defence Force and intelligence agencies will receive $4.3 billion in 2024, exempt from budget cuts, with funds allocated for personnel, fleet maintenance, drone programs, and the Defence Capability Plan. Finance Minister Nicola Willis emphasized increased global volatility, while $42 million addresses the 2024 HMNZS Manawanui sinking cleanup.
- AI sackings reach New Zealand, which will use it to eject 14 percent of government staff
New Zealand's government will use AI to overhaul its public service, resulting in 9,000 staff cuts, about 14 percent of its current workforce. The goal is to increase efficiency and deliver significant savings. Finance Minister Nicola Willis announced the plan, citing the need for digital transformation.
- NZ Finance Minister Says Economic Recovery Delayed, Not Derailed
New Zealand's finance minister, Nicola Willis, stated that the economic recovery is delayed but not derailed. The government will adopt a cautious approach to the fuel crisis due to fiscal constraints, avoiding unrestrained spending to address higher pump prices.