US EditionHigher taxes needed as Coalition eyes extra $100 billion defence spend
- On May 1, 2025, in Western Australia, Opposition leader Peter Dutton committed to increasing Australia's defence budget to 2.5% of GDP over the next five years and further raising it to 3% by the end of the following decade if his party wins the May 3 election.
- This commitment follows concerns over strategic challenges from China, ongoing conflicts, and pressure from the US for allies to increase defence budgets to around 3% of GDP.
- Dutton criticized the current Labor government for cuts and delays exceeding A$80 billion in defence spending and pledged to support Australian defence industries and reinstate cancelled F-35A jets.
- Dutton said, "You don't achieve peace through weakness" and warned that "we are going backwards on AUKUS," highlighting his view that current policies fail Australia's security needs.
- The Coalition’s plan faces scrutiny for lacking detailed costing and funding sources, implying higher personal income taxes and suggesting defence will become one of the largest federal expenditures if realized.
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Sydney Morning Herald+3 Reposted by 3 other sources
Higher taxes needed as Coalition eyes extra $100 billion defence spend
The Coalition says its plan to lift defence spending will cost $21 billion. But its longer-term goal would make defence the second-largest budget cost.
·Sydney, Australia
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Total News Sources27
Leaning Left6Leaning Right7Center3Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 38%
C 19%
R 44%
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