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Australia to Boost Defense Spending to 3% by 2033

4/15/2026

23 4 Full Breakdown

Summary

Story summary

Defence Minister Richard Marles outlines plans to raise Australia’s defense spending to 3% of GDP by 2033.
The government will allocate an additional A$14 billion over four years and A$53 billion over the next decade.
The move responds to the most complex strategic threats since World War Two and to China's influence in the Indo-Pacific.
Marles will detail the National Defence Strategy, emphasising a more self-reliant military.

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Story summary

Defence Minister Richard Marles outlines plans to raise Australia’s defense spending to 3% of GDP by 2033.
The government will allocate an additional A$14 billion over four years and A$53 billion over the next decade.
The move responds to the most complex strategic threats since World War Two and to China's influence in the Indo-Pacific.
Marles will detail the National Defence Strategy, emphasising a more self-reliant military.