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Redirecting defence spending to local firms could boost GDP by AUD $8.2 billion
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New report backs local defence primes
Image: ID1974/stock.adobe.com New economic modelling suggests Australia could gain up to $8.2 billion a year and more than 40,000 jobs by awarding a larger share of Defence procurement to Australian-owned prime contractors rather than foreign subsidiaries. The Defence Dividend: Gains to Australia’s Economy Through Sovereign Defence Procurement, produced by advisory firm DeltaPearl Partners and commissioned by the Sovereign Australian Prime Allia…
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