Australia seeks to rein in defence spending blowouts, delays

🇦🇺 The Straits Times (AU) —
Australia seeks to rein in defence spending blowouts, delays

AI Summary

Australia has announced reforms to how it manages defence project delivery in an effort to control significant cost overruns and delays. The changes aim at improving fiscal discipline and timely completion of military acquisitions.

SYDNEY, July 2 - Australia announced changes on Thursday to the way it manages the delivery of defence projects, aiming to curb billions of dollars in cost overruns and lengthy delays.

Security Politics Markets Australia defence spending cost overruns project management government reforms military acquisition

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