A key challenge for the defence budget is inflation, which eats into not just the average Aussie family’s buying power, but also the government’s. The higher the rate of inflation, the more the defence budget …
Tag Archive for: "defence budget"
The 2022–23 defence budget is a conflicted program. In key ways it acknowledges and responds to a changing world, but in others it is a relic of an earlier time. Let’s start with the funding …
Budget deficits used to be seen as proof of profligacy, but a new permissiveness has swept the world, partly in response to the Covid-19 pandemic, but also reflecting new economic thinking about the sustainability of …
Graeme Dobell’s brief history of ASPI’s Cost of Defence series over two decades reveals a fascinating tussle between Australia’s military–industrial complex and economic reality. That tussle is arguably more intense than ever, reflected in recent …
ASPI celebrates its 20th anniversary this year. This series looks at ASPI’s work since its creation in August 2001. ‘It’s a very encouraging sign that industry can meet the challenge of ‘eating the elephant’ presented …