Thursday, 29 May 2014
What is the cost of Defence? $80,281,391.78 per day.
This report, prepared by Mark Thomson, gives interested readers greater access to the complex workings of the Defence Budget and promotes informed debate on Defence budget issues.
This year’s federal budget was dominated by budget repair. Yet amid the spending cuts and tax increases, Defence did very well.
More importantly, the government appears serious about increasing defence spending to 2% of GDP within the decade. All that remains is for the 2015 Defence White Paper to tell us why it is necessary, and what it is that we are going to get for our money.
This publication was launched at 2014 Defence Budget Brief lunch.
- Rise of China may mean Australia must boost spending on defence (theage.com.au)
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