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Defence spending

This Month

Abigail Bradshaw has had a long career in the public service, rising up to run a key intelligence agency.

Millions paid to business run by spy chief’s husband under scrutiny

Contracts awarded to a company where the Australian Signals Directorate director-general’s spouse was a senior manager have been under external investigation.

Opposition Leader Sussan Ley will shift the policy focus from climate change and migration to defence

After climate change and immigration, Ley shifts to defence

Coalition leader Sussan Ley is promising a huge boost in defence spending as she attempts to stay on the front foot after a shaky fortnight.

The counter-drone firm has faced increased scrutiny after chief executive Oleg Vornik and two directors offloaded their stakes in the company.

DroneShield struggles to keep up with evolving battlefield

Changing tactics and technology are posing a challenge for the under-fire defence contractor’s signature product, military experts say.

Michael Bonner, founder of  Chemist, at his original pharmacy inside Wellcamp Airport.

Pharmacy services innovator works first-mover advantage

Michael Bonner’s Choice Chemists has captured 42 per cent of the market for onsite pharmacists in aged care and is challenging the traditional dispensary model.

Oleg Vornik, the chief exectuive of DroneShield, has sold 40.46 million shares for a total value of $60.63 million since the start of 2023.

Hedge fund says DroneShield had 17 red flags

The multibillion-dollar hedge fund is short the drone platform stock, which has slumped after its chief executive offloaded all his shares with no explanation.

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Labor wants to bring the Port of Darwin back under Australian ownership.

Port of Darwin swings into $10m profit ahead of forced sale

Labor and the Coalition went to the federal election promising to end Chinese ownership of the port. 

Minister for Defence Industry Pat Conroy and Chief of Navy Australia, Vice Admiral Mark Hammond.

‘Our greatest vulnerabilities’: Navy chief warns on sea lanes

A disruption to global shipping lanes could result in shortages of fuel and household goods within weeks, Australia’s navy chief has warned.

October

An Astute-class nuclear-powered submarine, HMS Audacious, is built at the BAE Systems complex in Burrow-in-Furness, England.

UK defence company chiefs sound warnings on AUKUS delays

Babcock, BAE and Rolls-Royce expressed alarm, in surprisingly frank terms for a public setting, that the slow pace of decision-making could hinder the project.

September

The new spending announcement will give Anthony Albanese another talking point should he secure a meeting with Donald Trump in Washington or New York.

Anxious government ‘floods the zone’ with defence dollars for Trump

The government is anxious to impress that Australia is doing more on defence than spending 2 per cent of GDP, ahead of a possible meeting with the US president.

Ghost Shark underwater drones.

Labor to spend $1.7b on Ghost Shark drones as US visit looms

Plans for a fleet of underwater stealth drones have been announced ahead of the prime minister’s trip to the US and continuing tension over Australia’s defence budget.

August

At their last meeting, Richard Marles (left) copped a push from Pete Hegseth for Australia to lift its defence spending.

Five challenges for AUKUS ahead of Marles, Hegseth encounter

The future of AUKUS will be front and centre this week as Defence Minister Richard Marles meets his US counterpart, Pete Hegseth, in Washington.

Assistant Defence Minister Peter Khalil, US Representative Trent Kelly, South Australian Premier Peter Malinauskas and US Representative Joe Courtney at Adelaide’s shipyard on Wednesday.

‘Join the club’: US congressman backs Australia in tensions with Trump

One of the US Congress’ biggest AUKUS supporters says there is no justification for the Trump administration to cancel sales of submarines to Australia.

The NDIA has warned the Albanese government a lack of funding will undermine its bid to rein in the $53 billion scheme.

NDIS funding cliff threatens to undermine scheme overhaul

Labor has forecast almost $20 billion in NDIS savings over four years to June 30, 2028, but 1000 jobs key to the transition are only budgeted to June 30, 2026.

Treasurer Jim Chalmers and Katy Gallagher during a press conference at Parliament House in December.

Federal budget faces billions of dollars of ‘funding cliffs’

Incoming briefs to ministers show the effect of looming shortfalls within 18 months, when at least 100 programs and likely dozens more will see funding expire.

US Defence Secretary Pete Hegseth, Australia’s Defence Minister Richard Marles and Japan’s Defence Minister Nakatani Gen in May.

Mateship trumps practicality in Australia’s Japan frigate deal

The purchase strengthens regional defence ties and sends a message to Beijing.

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Matt Howell, CEO of Nyrstar Australia, at the company’s zinc smelter in Hobart.

Rare metal needed for defence at core of $135m smelter bailout

The funding package from the federal, SA and Tasmanian governments is linked to adapting loss-making smelters so they can produce critical minerals.

Cheap homes, bonuses and TikTok: how Defence is turning around its recruitment crisis

Defence recruitment is at a 15-year high, helped by hundreds of millions of dollars in taxpayer-funded bonuses and perks for personnel.

July

Former prime minister Scott Morrison testifies during a House Select Committee on China hearing in Washington, DC, Wednesday.

AUKUS ‘as well, not instead’: Morrison lashes Labor on defence

Following testimony to Congress, former PM Scott Morrison said scrimping on defence had angered the Pentagon and diminished Australia’s ability to deter China.

Ambassador to the US and former prime minister Kevin Rudd.

Rudd ‘confident’ on AUKUS review, rejects defence spending claims

Australia’s ambassador to the US rejects suggestions Canberra is not spending enough on defence and says issues raised about AUKUS will be resolved.

A local woman walks past cars destroyed by a Russian strike in Kyiv, Ukraine last week.

Europe to stockpile critical minerals due to risk of war

General Carsten Breuer, the German chief of defence, warned last month that Russia could attack an EU member state within the next four years.

Original URL: https://www.afr.com/topic/defence-spending-1mps