Factbox: Australia's defence spending plan over next 10 years


  • World
  • Wednesday, 01 Jul 2020

(Reuters) - Australia will spend A$270 billion (£150.60 billion) over the next decade to acquire longer-range strike capabilities across air, sea and land, Prime Minister Scott Morrison said on Wednesday.

The country will boost its defence spending by 40% over the next 10 years, Morrison said, buying military assets that will be focused on the Indo-Pacific region.

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