%T Crying poor? The affordability of defence expenditure
%A Mark Thomson



%I Australian Strategic Policy Institute
%D 2012

%K Economics



%U https://apo.org.au/node/30267

%X The  May budget saw deep cuts made to Australia's defence budget over the  next few years. It will be up to next year's Defence White Paper to  decide what happens after that.
It has been argued that the  long-term cost of health and ageing will place further pressures on  government finances and constrain defence spending in the decades ahead.  But while social spending will undoubtedly rise, so too will  Australia's prosperity and capacity to pay.
%9 Report