Australia needs to fund higher defence spending. Here are the options

The Australian Financial Review
Yesterday

President Donald Trump has made it clear that the US will no longer fund a large share of Western defence spending while its allies underspend. Europe is probably the worst offender given its proximity to Russia.

Australia, regardless of Trump, needs to spend more on defence because we are so exposed to Chinese bullying. First, there were Chinese tariffs on our exports and now armed Chinese navy ships are sailing around our coast.

Loading...

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10