Budget Brief: Australian Budget Growth Gathers Pace

mq-28 ghost bat

The Boeing MQ-28 Ghost Bat on display at the recent Avalon Australian International Airshow.

Credit: SOPA Images Limited/Alamy Stock Photo
With a general election looming, Australia announced an early 2025-26 budget which included a boost to defense spending despite a wider focus on tax cuts ahead of the polls opening on May 3. Funding for the country's Defense Department (DOD) will increase by 7.5% compared to the 2024-25 budget...
Craig Caffrey

Craig works as a senior analyst on Aviation Week Network’s military and commercial forecast databases, specializing in military aircraft markets and…

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