Defence spending: our research shows how Australia can stop buying weapons for the wars of the past

Defence spending: our research shows how Australia can stop buying weapons for the wars of the past

Australia is spending more on defence – but without money going to AI, cybersecurity and space technology our military risks being stuck in the past.

Anatomy of a Defense Budget

Donald Trump’s return to the Oval Office is set to accelerate the growth of the US defense budget. Having increased from $590 billion to $742 billion during the first Trump administration, a 26 percent increase, annual defense spending has rapidly regained its place as a congressional priority since the Obama years. The Biden administration’s “foreign policy for the middle class” continued this trend: over the past four years the Department of D…