Q12-21/22

Overview

If the Defence budget were reduced by 25%, what should its priorities be?

2021 Defence Budget - $44.62 billion (Defence and the Australian Signals Directorate (ASD)) a 15 per cent jump from last year’s $38.7 billion. This puts Defence spending at 2.1 per cent of GDP.

Key Terms

Defence Budget

The total amount of funding allocated by the Australian Government to the Department of Defence and ASD.

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2021 Defence Budget at a glance

Australian Defence Article

Official Department of Defence - Budget

- Portfolio Budget Statements which provide detailed explanations and justifications of the proposed appropriations to Defence in Appropriation Bills (Nos 1 and 2).
- Portfolio Additional Estimates Statements which outline additional funding requirements being sought by Defence and explain the variation between the Budget and Additional Estimates.
- Annual Report which is the Secretary's and Chief of the Defence Force's account to the Minister for Defence of the performance and achievements of the Department for the financial year.