Podcast:Asia Pacific Defence Reporter Published On: Mon Jun 05 2023 Description: Looming Defence Budget disaster – in this episode, we look at the analysis of the recent Defence Budget by the Australian Strategic Policy Institute (ASPI), which it calls “The Big Squeeze”. The numbers don’t lie and for the next two to three years Defence will actually lose money – and the situation is even worse than it looks because of inflation. This will almost certainly see a further reduction in Australian industry content – completely the opposite of what the Federal government is telling us. We have a bit more to say on the ridiculous FMS purchase of SURTASS – and just for a bit of balance we also name and shame an industry miscreant. Hosted on Acast. See acast.com/privacy for more information.