The 2018-19 budget was a restrained, moderate policy document in virtually all regards. Moderate tax cuts all round, a moderately faster return to surplus a year earlier than planned. Read more
A $3.8 billion Defence Export Facility will be administered by Australia’s export credit agency Efic as part of the new strategy.
The NSW Government Veterans Employment Program has exceeded the target by 162 per cent, 18 months ahead of schedule.
The panel included former Defence ministers Brendan Nelson and Kim Beazley alongside Senator Linda Reynolds, David Feeney and BAE Systems UK chairman Sir Roger Carr.
Stakeholders are calling for the NSW Government to take the lead in delivering a coordinated approach to defence related advocacy and to prioritise projects which align with its key areas of advantage.
The SBIRD funding aims to get SMEs off the starting block so Defence can capitalise on their expansive potential for innovation and research capabilities.
Carter challenged the idea, much discussed of late, that the Commonwealth may turn to a foreign shipbuilder to construct the Sea 5000 Future Frigates.
In the 2017–18 financial year, the body will seek proposals aligned with the six capability streams identified in the Defence Integrated Investment Program.
Tony Abbott has a point. Bombing the heck out of Islamic State forces would be a whole lot more effective if there were some Australian special forces dispatched into Syria.
Anyone who’s spent time around politics gets to know the lightbulb moment and such was the case on August 22, 2013 when Prime Minister Kevin Rudd toured the Williamstown dockyard where BAE Systems was fitting out the first of the navy’s new Landing Helicopter Dock (LHD) ships.
Ladies and gentlemen, I had to write that headline to prove a point to DMO CEO Warren King. The media does occasionally listen when the DMO does good things. After speaking at length with King about the reform journey the organisation has been on since its 2000 inception, there are a few things to keep in mind when looking at performance.
The budget honours Tony Abbott’s pre-election commitment to ensure no further cuts to Defence spending and increase over the next decade the current level of Defence spending from 1.6 per cent of GDP – the lowest level since 1938 – to two percent of GDP.
Tony Abbott has become Australia’s 28th Prime Minister, leading the Coalition back into government.
In a nutshell the Budget for Defence this year wasn’t all bad news. Unlike the disaster of last year, there were no drastic cuts and some of the gaps have been slightly filled.
Last year, all seemed lost. The hopes and promises of the 2009 Defence White Paper had been shattered by the headlong rush to deliver a fiscal surplus. Cuts and deferrals posing as savings and efficiencies had slashed funding for Defence by more than $20 billion in the three short years since 2009. Force 2030 had gone from being a tangible goal to a half forgotten fantasy.
It may appear prosaic at first sight, only New Zealand’s Defence Force budget for 2012/13 is especially subtle this year; arguably even a little deceptive.