Projected defence spending up 11pc

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By David Uren*

The Australian federal budget shows defence will receive a significant increase in funding over the next decade under the new National Defence Strategy and Integrated Investment Plan. The budget papers, issued on 14 May, include a chart comparing the proposed funding with the spending profile projected ahead of the 2022 election, when the AUKUS deal had been struck but no additional resources arranged. (Australian Strategic Policy Institute. The Strategist.)

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