Showing posts with label Defence. Show all posts
Showing posts with label Defence. Show all posts

Friday, 26 February 2016

Australia unveils ‘massive’ increase in defence spending

Operation FIJI ASSIST 2016. Source: Australian DOD

SYDNEY: Australia unveiled a massive new investment in the nation’s defence capabilities on Thursday to address what Prime Minister Malcolm Turnbull called “high stakes” and “momentous times” in Asia.

Citing increased defence spending around the region and potential flashpoints in the South China Sea and the Korean peninsula, he said the government was committed to combating the most challenging strategic environment “we have faced in peacetime”.

“These are momentous times. The stakes are high. And as the opportunities expand, so does the cost of losing them,” Turnbull said in launching a new Defence White Paper in Canberra.
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