Australia's defence spending hits 2.8 per cent of GDP
Australia has lifted defence spending to 2.8 per cent of GDP by NATO measure. This is the country's largest peacetime increase. It puts Australia ahead of most NATO countries.
Why it mattersThis spending increase deepens Australia's military partnership with the US. Both nations are working together to improve defence in the Indo-Pacific region.
AustraliaAustralia is significantly increasing military investment and integrating more closely with US defence planning and capabilities.
Corroborated bythemandarin.com.au
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