Australia’s getting close to reaching its 2% GDP defence budget goal by 2020-2021. This means in the next year we could see a budget of $40.6 billion, if all things go to plan.
But is this increase enough? Is it too much? How much, ideally, should we be spending on our military each year?
Well, as it turns out there’s a lot of factors at play.
Aidan Moller spoke with Dr Malcolm Davis, Senior analyst at the Australian Strategic Policy Institute, who sees a similarity between our current situation and that of the world in the 1930’s.
First, we speak with Denis Doherty who believes the Australian government is doing the “wrong thing” in following the United State’s increased military spending.