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Showing 1 - 10 of 15 results for "Defence spending"

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... Security Conference, where he emphasised the Trump administration's view that Europe must materially raise its defence spending and shoulder more of its own security. "The response from European nations, Germany in particular - with the change in ...

Labor accelerates defence spending

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... capabilities faster," minister for defence Richard Marles said. "The Albanese government has put a premium on getting Defence spending on track and delivering projects on time." The Ukraine, which Australia has already committed over $1.3 billion in ...

Chalmers' warning on tariffs and trade wars

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... firms to seize new commercial opportunities in India," the Budget said. In addition, the government has boosted defence spending with a $330 billion investment in the Defence Integrated Investment Program out to 2033-34, which will mean that Defence ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... likely to reverse that decision as well." Turning to Australia, Redican noted the need for significantly higher defence spending. While Australia currently allocates around 2% of GDP - aligned with NATO's target - the US has signalled that Europe needs ...

Future Fund delivers strong 11.9% return

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
... to lower rates will not be straightforward as continued geopolitical risks and big economic drivers including defence spending, the energy transition and deglobalisation are all inflationary," he said. "Over the past 12 months we continued to invest ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... adamant on containing its biggest rival. The Stockholm International Peace Research Institute estimates China's defence spending was 59% of what the US spent in 2022, being US$806 billion. Laurenceson said while China's military spending has ...

Global X launches defence technology ETF

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
... a critical juncture, as geopolitical uncertainty has heightened national security concerns and sparked global defence spending. "As the global landscape evolves, modern defence planning has shifted towards safeguarding nations through a combination of ...

VanEck to launch defence ETF

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... national security as international peacekeeping has deteriorated. Australia has also committed to increasing its defence spending. Budget papers show that by 2033-34, defence spending will reach $100 billion (around 2.3% of GDP), up from last year's ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... and tobacco and alcohol excise. These constraints set the scene for the expenditure side of the ledger. Sure, defence spending is up 5% to $40 billion in 22-23, and projected to jump 22% by 2027, and education spending is up 6% to $48 billion, but the ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... situation, most significantly due to Russia's invasion of Ukraine, has prompted a $270 billion commitment to defence spending in the Federal Budget. The increased allocation to defence will bring Australia's defence spending above 2% of GDP for the first ...
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