War and Peace? Nobody is talking peace and friendship, only war and enemies.
Australia needs to protect itself against an enemy it is creating.
Defence spending is rising because Australia is supporting the actions of Genocide Joe Biden who has fomented more wars and chaos in the world than any other POTUS.
Australia's purported enemy is its largest trading partner. Australia's economy would cave in if there was a war against China.
"China is Australia's largest two-way trading partner, accounting for 27 per cent of our goods and services trade with the world in 2023."
https://www.defensenews.com/global/asia-pacific/2024/05/15/australia-unveils-rec... Quote:Australia unveils record $37 billion defense budget
By Gordon Arthur, Wednesday, May 15, 2024
CHRISTCHURCH, New Zealand — Australia will spend a record AU$55.7 billion (U.S. $36.8 billion) on defense during the next fiscal year, according to budget documents unveiled May 14.
The figure equates to 2.02% of gross domestic product and represents a 6.3% increase from last year.
Australia’s national defense strategy released last month, promised a significant increase in spending, but that does not start until 2027-2028, when defense expenditure is slated to reach about AU$67.4 billion.
Beyond that, the government still has a ways to go to hit its defense spending goal of AU$100 billion by 2033-2034, which would be 2.3% of GDP.
In this latest budget release for the 2024-2025 time frame, the government has set aside AU$16.7 billion for equipment acquisitions in the coming fiscal year, plus another AU$17.2 billion to sustain existing assets.
The Navy receives a significant allocation of AU$10.7 billion. Nuclear-powered submarines are starting to consume an enormous portion of the budget as the trilateral AUKUS agreement progresses.
Notably, spending on nuclear submarines will snowball from last year’s AU$475 million to AU$2.8 billion in the coming year, eventually reaching AU$4.97 billion in 2027-2028.
By comparison, six Hunter-class frigates and six Arafura-class offshore patrol vessels are to receive AU$813 million and AU$587 million, respectively.
The budget makes no reference to 11 new general-purpose frigates, which the government is expected to select next year.
The Army is promised AU$11.8 billion as it procures expensive assets such as Boxer armored vehicles, Redback infantry fighting vehicles, Huntsman self-propelled howitzers, High Mobility Artillery Rocket Systems, M1A2 Abrams tanks, National Advanced Surface-to-Air Missile Systems, and UH-60M Black Hawk and AH-64E Apache helicopters.
The Air Force will receive AU$9.5 billion, with F-35A fighter jets being its single-most expensive acquisition; nine of 72 fighters remain undelivered.
Budget figures also revealed that the arrival of four MC-55A Peregrine electronic warfare aircraft is running two years behind schedule.
The Australian Signals Directorate, which conducts foreign signals intelligence, cybersecurity and offensive cyber operations, will receive AU$2.7 billion. A further AU$1 billion is allocated to defense intelligence.
Australian military procurements are handled by the Capability Acquisition and Sustainment Group. The government in 2021 formed the Guided Weapons and Explosive Ordnance enterprise to promote the sovereign production of missiles and munitions. Together, they will receive AU$1.3 billion in the next fiscal year.
For its part, Ukraine garnered AU$144.3 million in military aid for the year ahead, as it continues its fight against a Russian invasion.
Meanwhile, the Defence Department wants 63,597 uniformed personnel and 19,127 civilian employees in the year ahead. The Australian Defence Force, or ADF, is currently made up of about 58,600 uniformed personnel. The department is made up of about 18,000 civilian employees.
“[The Department of] Defence is forecasting to be below the required ADF fulltime workforce for 2024-25 due to high separation rates and lower than expected achievement of recruitment targets over recent years,” the budget document stated.
The new budget also noted that last year’s spending on personnel costs surpassed estimates by AU$1 billion because of increased living costs. About AU$16.7 billion is to be spent on the workforce this coming fiscal year. ...