Page 42 - Australian Defence Magazine June 2022
P. 42
42 BUDGET 2022 FUTURE DEFENCE BUDGET
JUNE 2022 | WWW.AUSTRALIANDEFENCE.COM.AU
MARCUS HELLYER | CANBERRA
In the recent federal election campaign, both major political parties pledged to keep Defence spending at or above two per cent of GDP, but with the ALP now in power, how will the change affect the recent budget and projections for future defence spending?
DEFENCE BUDGET CHALLENGES AHEAD
