Australia has announced a significant boost in defense spending, totaling A$50.3 billion over the next decade. The focus will be on missiles, drones, and warships, reflecting concerns about potential conflicts in the Pacific, particularly between China and the United States. This increase, part of a A$330 billion budget over ten years, will raise defense spending to 2.4% of GDP by 2034. The funding will prioritize the navy, including the AUKUS nuclear-powered submarine program, as well as missile-related programs and upgrades to military bases in northern Australia.
