Google AI

Weekend Times


The Times

Business News

Dutton promises Coalition would increase defence spending to 3% of GDP ‘within a decade’

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra

Opposition Leader Peter Dutton will promise a Coalition government would boost Australia’s spending on defence to 2.5% of GDP within five years and 3% within a decade.

Launching the Coalition’s long-awaited defence policy on Wednesday in Western Australia, Dutton will commit to investing more than $21 billion to take spending to 2.5%.

Australia’s current defence spending is about 2% of GDP, and due to rise to 2.3%[1] by 2033-34. The Trump administration has flagged it wants allies to raise their spending to 3%.

Trump’s under-secretary of defence for policy, Elbridge Colby, has said:

The main concern the United States should press with Australia […] is higher defence spending. Australia is currently well below the 3% level advocated for by NATO Secretary General Rutte, and Canberra faces a far more powerful challenge in China.

The opposition statement, from Dutton and shadow Defence Minister Andrew Hastie, does not go into detail about how the bigger allocation would be spent, or how it would be paid for.

Defence Minister Richard Marles gave notice of Labor’s line of attack if there is no detail provided. He said on Tuesday:

It won’t cut it to have vague numbers, to have aspirations, to have signposts in the future. There needs to be a great deal of specificity in respect of what that defence policy looks like.

In its statement, the opposition accuses Labor of overseeing “more than $80 billion in cuts and delays to defence in just three years, degrading morale and capability, and putting Australia at risk”.

It says the commitment to 2.5% is “significantly higher than under Labor and demonstrates the Coalition’s commitment to keeping Australia safe in uncertain times”.

Under Labor, defence spending has stayed static at 2% of GDP for three years – and Labor has walked away from its own target of increasing defence spending to 2.4% of GDP by 2033-34, dropping it instead to ‘over 2.3%’.

In its most recent budget, Labor delivered no new funding for defence.

In stark contrast, a Dutton Coalition government will increase defence spending to 3% of GDP within a decade, while Labor’s spend plateaus at around 2.3%.

The opposition says Australia is facing the most complex and serious strategic circumstances since the second world war.

The rise of authoritarian powers, and conflict in Europe and the Middle East are a reminder that Australia cannot take peace for granted.

“Under the Coalition, there will be clarity around the risks we face and a strategy to deter them,” the opposition says.

“We believe that investing in Defence is an investment in peace – which is maintained through a strong army, navy, air force and enhanced cyber security.”

This week’s statement follows an earlier Coalition commitment to reinstate the fourth squadron of F-35A Joint Strike Fighters.

Dutton said: “The Prime Minister and the Deputy Prime Minister regularly tell Australians that we live in the most precarious period since the end of the second world war. Yet, over the last three years, Labor has done nothing about it, other than rip money out of Defence, weakening strength and morale.”

Hastie said: “A Dutton Coalition government will back Australian workers and businesses in defence industry to develop the sovereign capabilities our country needs. They are a critical enabler to the Australian men and women in uniform”.

Hastie has been little seen on the campaign trail.

Marles said over the last three years the government had engaged “in the biggest peacetime increase in defence spending that Australia has seen”.

“We’ll continue to look at what the appropriate levels of defence spending are.

"Increases in defence spending will happen under this government […] because that is, in fact, what we’ve done over the last three years”.

References

  1. ^ due to rise to 2.3% (www.news.com.au)

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more https://theconversation.com/dutton-promises-coalition-would-increase-defence-spending-to-3-of-gdp-within-a-decade-254993

The Weekend Times Magazine

Eradicate Sugar To Aid Good Mental Health

It’s R U OK Day tomorrow, Thursday 10 September, the national day of action for people to check in with their peers, family and friends to see if they’re ok.  Twenty...

Why Wisdom Teeth Extraction Is Often Necessary for Long-Term Oral Health

For many people, the emergence of wisdom teeth can lead to discomfort, crowding, and ongoing dental complications. Professional Wisdom Teeth Extraction is commonly recommended when these late-developing molars do not have...

Protecting Properties with Durable Security Fencing

From residential homes to large commercial facilities, strong and reliable fencing provides peace of mind by keeping intruders out and safeguarding what matters most. Among the many options available, security...

The Best Camera Smartphones for 2021

Everyone is a photographer these days, and it is no surprise, given that the top camera phones on the market are capable of fighting head-on with luxury compact cameras and...

Could You Furnish and Equip a Whole House with IKEA Products?

IKEA has long been known as the global giant of affordable, ready-to-assemble furniture. From minimalist Scandinavian sofas to clever kitchen gadgets, the Swedish retailer has built its reputation on making...

Niacinamide: Skincare’s Ultimate Multitasker

One ingredient, multiple uses: why niacinamide is this year’s most relevant skincare ingredient Niacinamide—also known as vitamin B3—is celebrated as skincare’s brilliant all-rounder. A relative newcomer in commercial cosmetic formulations, this...

Sydney Residents: Options for a Weekend Away Short Break

Living in Sydney offers an enviable lifestyle, but even the most iconic city in Australia can feel hectic at times. Whether it’s the daily commute, a fast-paced work schedule, or...

How To Install PVC Shutters At Home

Homes are the best place for relaxing and refreshing after the hectic and tiring daily life routine. The home should be decorated so that it gives people a warm welcome...

Property app Instarent

Property self-management soars during COVID lockdown The innovative PropTech app, Instarent, has seen exponential growth during the COVID -19 lockdown, reporting a 400 per cent increase in users during...

hacklink esim new zealandjojobetjojobetjojobethacklink panel