Australian Government to Boost Defence Capabilities With $500 Billion Spending

Australian Government to Boost Defence Capabilities With $500 Billion Spending
This photo shows the Australian Navy's HMAS Adelaide docked at Vuna Wharf in Nukualofa, Tonga, on Jan. 26, 2022. Mary Lyn Fonua/Matangi Tonga/AFP via Getty Images
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The Australian Defence Force will receive $575 billion (US$432 billion) in government funding by the end of this decade to deal with “a period of profound uncertainty and disruption.”

More specifically, nearly half of the spending will go toward enhancing Australia’s defence capabilities.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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