Author: Pi-Shen Seet, Professor of Entrepreneurship and Innovation, Edith Cowan University

Australia’s defence spending is on the rise. The future defence budget has already been increased to 2.4% of GDP. There is pressure from the new Trump administration in the United States to raise this further to at least 3%. The Albanese government has brought forward A$1 billion in defence spending for the 2025 federal budget. The Coalition in turn has promised to spend even more if elected. However, it is unclear whether the money will be spent wisely. Our recent research found that current defence planning may leave the Australian Defence Force (ADF) poorly prepared for future conflicts. To keep…