Australia $53 Billion Defence Spending 2026: What It Costs Taxpayers
Australia’s defence spending commitment announced on 16 April 2026 is the largest peacetime military expansion in the nation’s history — and somebody has to pay for it. Australia will raise defence spending to 3.0 per cent of GDP by 2033, spending an additional $53 billion over the next decade compared to its 2024 defence strategy,…