Australia Lifts Defense Spending 9.1%, Plans More Big Rises

Bradley Perrett October 07, 2020
Newcastle
Lockheed Martin F-35As of the Royal Australian Air Force near their base at RAAF Williamtown, Newcastle.
Credit: Sgt. David Gibbs/Commonwealth of Australia
SYDNEY—Undeterred by the budgetary effects of the COVID-19 pandemic, Australia will increase defense spending by a nominal 9.1% in the fiscal year that began in July 2020, with further strong rises planned for the following three years. The 9.1% and 6.6% nominal (current-money) spending rises in...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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