White Paper commits to urgent $30b spend over ten years
"........Some of the announcements include $30 billion being spent over the next ten years with the percentage of GDP expenditure on Defence to increase to 2 per cent by 2020-21. The government has committed to a continuous rolling acquisition program for 12 submarines and new previously unforeseen acquisitions and plans such as
a review process to replace the last 25 F-35s planned for acquisition with a sixth generation fighter that will be an option in the late 2020s."......