• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, November 15, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Australia Poised To Spend More Money On Defense

Comfort Ampomaaby Comfort Ampomaa
April 24, 2023
Reading Time: 4 mins read
undated photo provided by the Australian Defense Force, an AH-1Z Viper, attached to Marine Light Attack Helicopter Squadron (HMLA) 169, conducts flight operations with Royal Australian Navy Canberra-class landing helicopter dock HMAS Canberra, during Exercise Rim of the Pacific 2022.

undated photo provided by the Australian Defense Force, an AH-1Z Viper, attached to Marine Light Attack Helicopter Squadron (HMLA) 169, conducts flight operations with Royal Australian Navy Canberra-class landing helicopter dock HMAS Canberra, during Exercise Rim of the Pacific 2022.

According to a government-commissioned report issued on Monday, April 24, 2023, Australia needs to spend more money on defense, make its own munitions and develop the ability to strike longer-range targets as China’s military buildup challenges regional security.

The report, named the Defense Strategic Review, supports the AUKUS partnership among Australia, the United States and Britain.

Prime Minister Anthony Albanese disclosed that his government commissioned the review to assess whether Australia has the necessary defense capability, posture and preparedness to defend itself in the current strategic environment.

RelatedPosts

China’s Shenzhou-20 Astronauts Return To Earth After Nine-day Delay

Canada Poised To Rebuild Ties With India

Trump Urges Herzog To Pardon Netanyahu In Corruption Case

“We support the strategic direction and key findings set out in the review, which will strengthen our national security and ensure our readiness for future challenges.”

Prime Minister Anthony Albanese

Albanese added that the review was Australia’s most significant since World War II and was comprehensive in scope. “It demonstrates that in a world where challenges to our national security are always evolving, we cannot fall back on old assumptions,” Albanese said.

anthony albanese
Australian Prime Minister, Anthony Albanese speaks to the media duing a press conference after the release of the Defence Strategic Review at Parliament House in Canberra, Monday, April 24, 2023. 

The public version of the classified review recommended that Australia’s government spend more on defense than the current expenditure of 2% of gross domestic product, improve the Australian Defense Force’s ability to precisely strike targets at longer ranges and make munitions domestically.

Other recommendations include improving the force’s ability to operate from Australia’s northern bases and to deepen defense partnerships with key countries in the Indo-Pacific region including India and Japan.

ADVERTISEMENT

For the past five decades, Australia’s defense policy has been aimed at deterring and responding to potential low-level threats from small- or middle-power neighbors. “This approach is no longer fit for purpose,” the review said.

Australia’s army, air force and navy need to focus on “delivering timely and relevant capability” and abandon its “pursuit of the perfect solution or process” in its procurements, it said.

The report, authored by former Australian Defense Force Chief, Angus Houston and former Defense Minister, Stephen Smith noted that the strategic circumstances during the current review were “radically different” than those in the past.

The United States, Australia’s most important defense treaty partner, was “no longer the unipolar leader of the Indo-Pacific,” a region that has seen the return of major-power strategic competition, the report read.

“As a consequence, for the first time in 80 years, we must go back to fundamentals, to take a first-principles approach as to how we manage and seek to avoid the highest level of strategic risk we now face as a nation: the prospect of major conflict in the region that directly threatens our national interest.”

The Defense Strategic Review

Order For Infantry Fighting Vehicles Reduced To 129

Defense Industry Minister, Pat Conroy divulged that as part of the new priorities, an order for infantry fighting vehicles has been reduced from 450 to 129.

The savings from those vehicles and the cancelation of a second regiment of self-propelled howitzers will fund the acceleration of the acquisition of U.S. HIMARS rocket systems that are proving effective in the Ukraine war.

The maximum range of the army’s weapons will be extended from 40 kilometers (25 miles) to over 300 kilometers (185 miles) and, with the acquisition of precision-strike missiles, over 500 kilometers (310 miles), Conroy said.

“This is about giving the Australian army the fire power and mobility it needs into the future to face whatever it needs to face.”

Pat Conroy

The Defense Strategic Review also noted that China’s military buildup “is now the largest and most ambitious of any country” since the end of World War II. It “is occurring without transparency or reassurance to the Indo-Pacific region of China’s strategic intent,” it added.

Questioned about Australia’s new military direction, Chinese Foreign Ministry Spokesperson, Mao Ning remarked that Beijing’s military buildup policy is “defensive in nature.”

mao ning 1
Mao Ning, Chinese Foreign Ministry spokesperson.

“We are committed to maintaining peace and stability in the Asia-Pacific and the whole world. We do not pose any challenge to any country. We hope relevant countries will not hype up the so-called China threat narrative.”

Mao Ning

READ ALSO: Chinese Foreign Minister Meets Philippine Counterpart

Tags: AUKUSAustraliadefense spendingMao NingPrime Minister Anthony AlbaneseThe Defense Strategic Review
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Analyst Expects Mixed Sentiment Amid Cherry-Picking Activities Going Into the New Week

Next Post

Global Cybertech Investments Decline Significantly By 81% in First Quarter of 2023

Related Posts

thumbs b c cacad9801ceea4472aa6daa2d9fca4e4
Asia

China’s Shenzhou-20 Astronauts Return To Earth After Nine-day Delay

November 14, 2025
reuters 6915fd62 1763048802
Asia

Canada Poised To Rebuild Ties With India

November 13, 2025
US President, Donald Trump.
Asia

Trump Urges Herzog To Pardon Netanyahu In Corruption Case

November 12, 2025
1762925843
Asia

Spain, China Bolster Ties With New Agreements On Trade And Language Exchanges

November 12, 2025
thumbs b c ab54527d45a964f15686d07181c1be44
Asia

South Korea’s Former Prime Minister Arrested Over Martial Law Declaration

November 12, 2025
download 30
Asia

Istanbul’s Jailed Mayor Charged With 142 Offences

November 11, 2025
Ing. Ken Ashigbey
Extractives/Energy

AI, Robotics Crucial in Keeping Ghana’s Mining Industry Relevant and Resilient – Ken Ashigbey

by Bless Banir YarayeNovember 15, 2025
MTN Ghana Explodes with 4.7% Price Jump, Driving GSE to 2.63% Index Surge
Securities/Markets

MTN Ghana Shares Explode with 4.7% Price Jump, Driving GSE to 2.63% Index Surge

by M.CNovember 15, 2025
2026 Budget Statement
Economy

Key Economic Highlights of the 2026 Budget: State of the Economy

by Michael Teye-Bio NaduteyNovember 15, 2025
President John Dramani Mahama With Hajj Board
General News

President Mahama Prioritises Full Hajj Digitisation in Charge to New Board

by Silas Kafui AssemNovember 14, 2025
Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth
Banking

Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth

by M.CNovember 14, 2025
Hon. Muntaka Mohammed-Mubarak, Minister for the Interior
General News

Security Services Recruitment Goes Digital; Minister Assures Fairness, Urges Compliance

by Emmanuel Tibila BoasahNovember 14, 2025
Ing. Ken Ashigbey
MTN Ghana Explodes with 4.7% Price Jump, Driving GSE to 2.63% Index Surge
2026 Budget Statement
President John Dramani Mahama With Hajj Board
Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth
Hon. Muntaka Mohammed-Mubarak, Minister for the Interior

Recent News

Ing. Ken Ashigbey

AI, Robotics Crucial in Keeping Ghana’s Mining Industry Relevant and Resilient – Ken Ashigbey

November 15, 2025
MTN Ghana Explodes with 4.7% Price Jump, Driving GSE to 2.63% Index Surge

MTN Ghana Shares Explode with 4.7% Price Jump, Driving GSE to 2.63% Index Surge

November 15, 2025
2026 Budget Statement

Key Economic Highlights of the 2026 Budget: State of the Economy

November 15, 2025
President John Dramani Mahama With Hajj Board

President Mahama Prioritises Full Hajj Digitisation in Charge to New Board

November 14, 2025
Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth

Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth

November 14, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address