Nearly a billion dollars of Kiwis' money is being invested in weapons companies, according to new research by an ethical investment charity. Mindful Money found a 40 percent increase in the amount KiwiSaver funds in particular, have put into companies making weapons - including those supplying the conflict in Gaza and Ukraine.
The growth has reflected a broader global increase in the defence industry driven by these major conflicts, as well as internal conflicts and regional tensions. Mindful Money's Barry Coates joins Susie to discuss the trend.
US soldiers with the Skydio X2D war drone during an exercise. Photo: US Army/Thomas Dixon
