The Australian government has announced a significant increase in defense spending, committing an additional A$50 billion ($32 billion) over the next decade. This move, part of the new National Defence Strategy, aims to address what has been described as the 'most complex strategic circumstances' since World War II, directly identifying China's unprecedented military build-up as the biggest threat in the Indo-Pacific. Defense spending is projected to reach $100 billion annually by 2034. The strategy also includes allowing non-citizens to serve in the Australian Defence Force (ADF) and focuses on enhancing capabilities in missiles, drones, and warships. Richard Marles, who unveiled the plan in Canberra, stated that the goal is to elevate ADF spending to 2.4% of GDP within ten years.
Labor announces $50bn boost to defence spending as it flags non-citizens may serve in ADF https://t.co/2RQhj6Ptn1
The first national defence strategy will see a $50 billion boost to the sector over the next 10 years. https://t.co/PhUAAxWXmj
⚠️ MISSILES, DRONES AND WARSHIPS THE PRIORITY AS AUSTRALIA PLANS $32 BILLION DEFENCE BOOST Full Story → https://t.co/mmQ78USUCf
Defence spending is set to rise to $100 billion a year by 2034 as the Albanese government directly identifies China’s unprecedented military build-up as the biggest threat of conflict in the Indo-Pacific. https://t.co/pGCeMK2mSU
Richard Marles has unveiled a plan to increase ADF spending to 2.4 per cent of GDP within 10 years as he launched Australia's new National Defence Strategy in Canberra on Wednesday. https://t.co/eETTyAdrw9
Australia pledges to boost spending for its military forces by A$50.3 billion ($32 billion) over the next decade, warning of its “most complex strategic circumstances” since World War II https://t.co/YrY3lgStNS
Labor announces $50bn boost to defence spending as it flags non-citizens may serve in ADF https://t.co/yzCusDYP4T