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Begin New Search Topic Defense Policy Author Ben Stevens

1. The cost of Defence ASPI defence budget brief 2022–2023

Author:
Marcus Hellyer and Ben Stevens
Publication Date:
06-2022
Content Type:
Policy Brief
Institution:
Australian Strategic Policy Institute (ASPI)
Abstract:
Shortly before the recent election, the previous government released a defence budget that continued its record of delivering the funding it promised in the 2016 Defence White Paper (DWP) and subsequent 2020 Defence Strategic Update (DSU). This year, the consolidated defence funding line (including both the Department of Defence and the Australian Signals Directorate) is $48.6 billion, which is 2.11% of GDP based on the Budget papers' estimates of GDP. That funding represents a very substantial nominal growth of 7.4%. It's the 10th straight year of real growth, but with inflation running hot, it's hard to determine a precise percentage; we've estimated it at 3.8% based on the Budget papers, but, if inflation stays around 5%, the real growth figure will be less. That will hurt Defence. Just as inflation eats into Australian families' budgets, it's eroding Defence's buying power.
Topic:
Defense Policy, Budget, Defense Spending, and Military
Political Geography:
Australia

2. AUKUS Update #1: May 2022

Author:
Marcus Hellyer and Ben Stevens
Publication Date:
05-2022
Content Type:
Special Report
Institution:
Australian Strategic Policy Institute (ASPI)
Abstract:
On the 16th of September 2021, the leaders of Australia, the UK and the US announced the creation of a new trilateral security partnership called ‘AUKUS’—Australia, the United Kingdom and the United States. The three national leaders stated, ‘We will foster deeper integration of security and defense-related science, technology, industrial bases, and supply chains. And in particular, we will significantly deepen cooperation on a range of security and defense capabilities.’ At a time of rapidly increasing strategic uncertainty, when it’s increasingly clear that authoritarian regimes are willing to use military power to achieve their goals, it’s important to monitor the implementation of AUKUS so that governments and the public can assess whether it’s achieving the goal of accelerating the fielding of crucial military technologies. To track the implementation of AUKUS, ASPI will publish regular updates on progress. This is the first of those updates.
Topic:
Foreign Policy, Defense Policy, National Security, Alliance, and AUKUS
Political Geography:
United Kingdom, Australia, Asia-Pacific, and United States of America