By Marcus Hellyer*
In the first post in this series, I noted that, so far, the government remains committed to the 10-year defence funding line it presented in the 2016 defence white paper. That funding line is likely to grow past 2% of GDP. In this post, I’ll look at what effect a budget cut could have if that commitment wavers.
Let’s first look at the planned trajectory of the defence budget. Over the remaining six years of the white paper decade, the funding line continues the healthy growth it has shown over the past six years.