Australia live news: Morrison says China threat inspired Aukus deal, Woodside directors face climate challenge
, is speaking to ABC Radio about the Aukus deal.China is undergoing the biggest peacetime military expansion since the second world war. So it’s it’s a bit ironic for them to give us a lecture about a modest increase in our military power relative to this …
We’ve been very up-front about the fact that we see the defence budget growing over the medium to long term and one of the pressures that we’re dealing with in respect of a budget where we’ve been making very significant decisions. They’re the kind of sensible budgetary decisions that we are making, given that we’ve inherited a budget with $1 trillion of debt. But we’ve been up-front about the fact that defence will be one of those pressures on the budget.
This is 0.15% of GDP we’re spending on submarines in a context where our defence spend is 2% of GDP, growing to 2.2%. This transformation of the capability and potency of the Australian Defence Force.
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