As the Australian government’s finances come under increasing pressure from the effects of Covid-19, so too might the scope for some forms of Defence investment in new capital equipment. That could pose difficult challenges for …
Tag Archive for: "defence spending"
I noted in the previous post in this series that planned increases to the Defence Department budget are concentrated in its capital investment program, which rises to nearly 40% of the total budget. Since the …
In the first post in this series, I noted that, so far, the government remains committed to the 10-year defence funding line it presented in the 2016 defence white paper. That funding line is likely …
Tuesday 12 May was to have been budget night, until Covid-19 intervened and the government moved the 2020–21 budget release to 6 October. This gives Prime Minister Scott Morrison and his team time to focus …
When the renowned British economist John Maynard Keynes was asked what he did when the facts changed, he replied: ‘I change my mind. What do you do?’ I’m not sure whether Prime Minister Scott Morrison …