How Australia funds development and defence was front of mind before Tuesday’s federal budget. US President Donald Trump’s demands for a dramatic lift in allied military spending and brutal cuts to US foreign assistance meant …
Tag Archive for: "defence spending"
When Australian Treasurer Jim Chalmers stood at the dispatch box this evening to announce the 2025–26 Budget, he confirmed our worst fears about the government’s commitment to resourcing the Defence budget commensurate with the dangers …
Political fighting in Taiwan is delaying some of an increase in defence spending and creating an appearance of lack of national resolve that can only damage the island’s relationship with the Trump administration. The main …
China’s defence budget is rising heftily yet again. The 2025 rise will be 7.2 percent, the same as in 2024, the government said on 5 March. But the allocation, officially US$245 billion, is just the …
Australia, Britain and European countries should loosen budget rules to allow borrowing to fund higher defence spending, a new study by the Kiel Institute suggests. Currently, budget debt rules are forcing governments to finance increases …