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The Conversation
The Conversation
Pi-Shen Seet, Professor of Entrepreneurship and Innovation, Edith Cowan University

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

Department of Defence

Australia’s defence spending is on the rise. The future defence budget has already been increased to 2.4% of GDP. There is pressure from the new Trump administration in the United States to raise this further to at least 3%.

The Albanese government has brought forward A$1 billion in defence spending for the 2025 federal budget. The Coalition in turn has promised to spend even more if elected.

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