Throw more money at the problem…

by

Defence funding failing public
John Kerin (page 6) AFR 26 May (or possibly 27)
A leading defence think tank has warned the Gillard government’s $275 billion defence white paper new equipment wish-list is headed for a fiscal “train-wreck” unless it is urgently overhauled.
Australian Strategic Policy Institute budget analyst Mark Thomson said, just two years in, the plan for starting new submarines, ships and other weaponry projects was falling so far behind schedule it could not be realised.

YUP. See the Hugh White stuff too…

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