Australian defence budget surges to world’s 13th largest
Sep 4th, 2008 | By David Harper | Category: AustraliaCanberra’s defence spending has leapt by about 56 per cent in the past seven years to $25.66 billion, meaning it now spends more than some European Union countries. However, Australia is still dwarfed by the US, which has set aside $US696.30 billion ($832.7 billion) for its armed forces this year.