Investing in Defence
The Government has no higher responsibility than keeping Australia safe and secure. The Coalition has a responsible, long-term plan for Australia’s national security.
The Coalition is committed to building a more potent, agile and engaged Australian Defence Force, ready to respond whenever our interests are threatened or our help is needed.
The Government has committed an additional $29.9 billion for Defence and has brought investment in capability to an unprecedented $195 billion over the decade to 2025-26. This includes new naval capabilities such as:
- 12 new regionally-superior submarines;
- 9 future frigates; and
- 12 offshore patrol vessels.
The future submarine project is the largest and most complex defence acquisition Australia has ever undertaken.
Building submarines, frigates, offshore patrol vessels and Pacific patrol boats in Australia will directly secure over 3,600 jobs as well as thousands more jobs through the supply chain.
It will also ensure Australia retains a sovereign capability to build and sustain its naval vessels.
The Government is committed to maximising opportunities for Australian businesses to deliver these essential military capabilities.
The White Paper provides $1.6 billion to build industry competitiveness and skills while harnessing Australian innovation and expertise.
This Budget also provides $686 million for continued military operations to help protect Australia.
Cyber security is vital to our economic and national security.
This Budget provides $195 million to deliver a comprehensive cyber security strategy for Australia, which builds on the $38 million announced in the National Innovation and Science Agenda.