FILE PHOTO: Australian Prime Minister Scott Morrison speaks during a joint press conference held with New Zealand Prime Minister Jacinda Ardern at Admiralty House in Sydney, Australia, February 28, 2020. REUTERS/Loren Elliott
SYDNEY (Reuters) - Australia will boost defence spending by 40% over the next 10 years, buying long-range military assets that will be focused on the Indo-Pacific region, Prime Minister Scott Morrison said on Wednesday.
In a speech that threatens to inflame tensions with China, Morrison said Australia will spend A$270 billion ($186.5 billion) over the next 10 years to acquire longer-range strike capabilities across air, sea and land.
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