This week, ASPI released the 21st edition of its annual Cost of Defence budget brief, Australia’s most comprehensive analysis of defence spending. In this podcast episode, ASPI’s defence, strategy and national security program director Michael …
In March, shortly before federal election, the Coalition government released a defence budget that continued its record of delivering the funding it promised in the 2016 defence white paper and 2020 defence strategic update. For …
A key challenge for the defence budget is inflation, which eats into not just the average Aussie family’s buying power, but also the government’s. The higher the rate of inflation, the more the defence budget …
The 2022–23 defence budget is a conflicted program. In key ways it acknowledges and responds to a changing world, but in others it is a relic of an earlier time. Let’s start with the funding …
Budget deficits used to be seen as proof of profligacy, but a new permissiveness has swept the world, partly in response to the Covid-19 pandemic, but also reflecting new economic thinking about the sustainability of …