Monday, June 16, 2014

Australia's Arms Race


Australia has become the seventh largest importer of major arms in the world and the biggest customer of the United States - the worlds largest arms producer. Australia now buys ten percent of all US arms exports.


From 2009 to 2013 imports of warships, fighter jets and tanks increased by 83 percent. As the Abbott budget shows this spending spree is set to accelerate even further as defence spending is the only area of expenditure to increase.

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