Australia plans big defence and security investments
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Last Updated: May 11, 2021, 03:52 PM IST
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The government plans to spend 270 billion Australian dollars ($212 billion) over the next decade on upgrading defence capabilities to "promote an open and peaceful Indo-Pacific," Treasury Department documents say.
AP
Australian Defense Forces personnel parade as they are farewelled at barracks in Brisbane, Australia, before deploying to Afghanistan on June 29, 2015
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The Australian government released a big-spending economic plan for the next fiscal year on Tuesday that includes hefty investments in defence and national security as relations with China worsen.
The government plans to spend 270 billion Australian dollars ($212 billion) over the next decade on upgrading defence capabilities to ``promote an open and peaceful Indo-Pacific,'' Treasury Department documents say.