Coalition announces increase in defence funding

News.com.au - 14:30
The Coalition has vowed to dramatically increase Australia’s spending on defence by $21bn over the next five years, having accused Labor of leaving the nation “less safe and less secure”.

The Coalition has vowed to dramatically increase Australia’s spending on defence by $21bn over the next five years, having accused Labor of leaving the nation “less safe and less secure”.

The Opposition will on Wednesday commit to raising defence spending as a share of GDP to 2.5 per cent over five years and to three per cent “within a decade”, if elected next month.

Under Labor, defence spending has remained steady at two per cent, with $55.7bn being allocated in the 2024-25 budget. By 2027...
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