Defence spending gets $50 billion boost over next decade

Summary

1. Defence spending to reach 2.4% of GDP by 2033-34, akin to India and the UK.
2. $300 million allocated over four years for drone capabilities.
3. Nuclear-powered submarines acquisition under AUKUS key to military spending.
4. Some projects see funding cuts for strategic prioritisation.

References

• MEDIA CHECK: 9 News (Australia) - Media Bias/Fact Check (HIGH CREDIBILITY)
• Collections |The Runway (airforce.gov.au)
• RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC