Australia’s nuclear-powered submarine fleet is going to be expensive. Not only will the initial production cost run into the tens of billions, but there will be significant ongoing outlays for platform sustainment, operational use and …
Tag Archive for: "defence spending"
More than two centuries ago, one of America’s founding fathers, Benjamin Franklin, famously said: ‘An investment in knowledge pays the best interest.’ At that time, he was talking about the need for more universal education …
The 2023 defence strategic review, which sets out how Australia can sustain its security and sovereignty, has been handed to the government. In terms of the concept of warning time developed in the 1987 defence …
In December, Japanese Prime Minister Fumio Kishida announced the most ambitious expansion of military power in Japan since the creation of the country’s self-defence forces in 1954. Japanese defence spending will rise to 2% of …
For decades, Japan has based its international clout on economic competitiveness, not military might. But, with China’s lengthening shadow darkening its doorstep, Japan now seems to be abandoning its pacifist post-war security policy—which capped defence …