Tag Archive for: "defence budget"
Defence projects and the economy

In response to Australia’s increasingly uncertain strategic outlook, there are now calls to boost defence spending well beyond the current target of 2% of GDP in what’s assumed to be a steadily growing economy. Taxpayer …

The cost of defence: beyond 2% of GDP

The first question that people ask me about the defence budget is, ‘Will it reach 2% by 2020–21 as the government promised?’ The short answer is yes. According to the budget papers, the consolidated defence …