The Guardian Australia – News
·general
·13 hours ago
Labor announces $53 billion defense spending increase to enhance military capabilities
Labor announced a $53 billion increase in defense spending over the next decade, set to be detailed by Defense Minister Richard Marles on Thursday. The plan will raise defense spending to about 2.4% of GDP, still short of U.S. President Donald Trump's demand for 3.5%. Marles emphasizes the need for private capital to enhance Australia’s military capabilities.
Summary by Glance · The Guardian Australia – News
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