Luxon signals immigration policy, more capital spending in Budget | RNZ

Prime Minister Christopher Luxon has promised "careful" immigration policy and signalled more capital spending than expected in an annual pre-Budget speech. | Subscribe: https://www.youtube.com/RNZVideo?sub_confirmation=1 Luxon hearkened back to world wars, giving a message of hope in an increasingly volatile world. Also addressing a need for cooperation with like-minded partners on defence and trade, he also drew attention to the need for energy independence. He pointed to the government's responses to the fuel crisis, while noting "more action is required". Full story: https://www.rnz.co.nz/news/political/595075/christopher-luxon-signals-immigration-policy-more-capital-spending-in-budget-2026 Viewer note: The livestream pauses after the Q&A at 46:28 before resuming with the media stand-up at 1:14:39.