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2024-25 Budget delivers record funding boost in Australia’s defence sector

The Australian Government is making an investment in the nation’s manufacturing capabilities as part of the 2024 National Defence Strategy, committing $50.3 billion over the next decade to enhance defence industry capability, as revealed in the recently released federal budget.

2024 Australian National Defence Strategy unveiled

The Australian Government has introduced the inaugural National Defence Strategy, which underscores the imperative for a unified, whole-of-government, and whole-of-nation approach to defence.
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The economic forces driving manufacturing’s next cycle

Australia’s manufacturing sector entered 2026 with improving momentum, but renewed global disruption is again testing resilience across the industry.