BLUF
The Australian Government significantly increases Defence spending, outlining a $330 billion investment for a more capable Australian Defence Force by 2034.Summary
- 2024 National Defence Strategy aims to build a focused, integrated defence force.
- Integrated Investment Program updated first time since 2020, emphasizing accelerated capability development.
- Defence spending to rise, reaching 2.4% of GDP by 2033-34, enhancing strategic capabilities.
- Investments include enhanced naval lethality and advanced Army and Air Force capabilities.
- Biennial review of the Integrated Investment Program ensures alignment with strategic needs.
Recent Government Releases 17-18 April 2024
- Defence strategy homes in on Australia's greatest risks | Defence
- 2024 National Defence Strategy | Defence Ministers
- 2024 Integrated Investment Program | Defence Ministers
Non-Government Articles 17-18 April 2024
- 2024 Australian National Defense Strategy - USNI News
- Australian National Defence Strategy sees $50 billion spending increase over next decade - APDR (asiapacificdefencereporter.com)
- Australia’s new defence strategy is big on ideas, but lacks one key ingredient: well-trained soldiers (theconversation.com)
- Australia Unveils New Defence Strategy, With Eye On 'Coercive' China | Barron's (barrons.com)
- National Defence Strategy and IIP discussed - Australian Defence Magazine
- Richard Marles unveils $50 billion defence spending increase over next decade - ABC News
References
- National Defence: Defence Strategic Review 2023 | The Runway (airforce.gov.au)
- Defence Strategic Review 2023 Collection| The Runway (airforce.gov.au)
- 2024 National Defence Strategy and 2024 Integrated Investment Program (Runway Collection))
- Collections |The Runway (airforce.gov.au)
- RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC
