Good morning everybody, it’s Ben right here on a brisk Canberra morning. Here’s what’s making information at this time.
Today’s must-reads:
• Australia declares defence spending enhance
• New Zealand inflation drops
• Mining shares surge on loans reveal
Australia’s defence forces will see a spending enhance of greater than A$50 billion over the subsequent 10 years, bringing the nation’s whole army expenditure to 2.4% of GDP by 2034. But with solely 10% of the spending over the subsequent 4 years, questions are being requested over whether or not Canberra might be prepared within the occasion of battle.