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Australian Labor budget outlines record military spending

Labor is presiding over the largest military build-up since World War II. While this week’s budget allocated record defence spending, far more is to come.

District of columbiaUnited statesUnited kingdomJoe bidenAnthony albanesePenny wongDepartment of foreign affairsLockheed martinLabor commissioned defence strategic reviewWorld warNorwegian kongsberg joint strikeForeign affairsAustralian financial reviewForeign minister penny wongPrime minister anthony albaneseQuadrilateral strategic dialogue

Australian budget: Historic defense spending, plus AU$1 2B on US-made missiles

Overall, the defense budget for the next year is set at AU$52.588 billion, the first time funding has exceeded AU$50 billion.

United statesNew south walesAustralian capital territoryRichard marlesLockheed martinRetention tiger teamAustralian airAustralian defenceAustralian air forceAustralian defence forceGross domestic productMilitary salesSuper hornetNorwegian kongsberg joint strikeMain battle tanksAustralian defence strategic review

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