A Royal Australian Air Force F-35 aircraft taxis during the Australian International Airshow in Victoria, Australia, on March 3, 2017.
Jeremy R. Dixon/AFP via Getty Images)
Defence spending has increased by almost $11 billion (US$7.85 billion) over the past four years, fresh figures reveal.
The amount spent by the federal government on the defence budget between 2022-23 and the current financial year has been estimated to be $10.9 billion higher than forecast projections for the time period made in 2022.
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