Time for the Australian Government to reduce military spending
Australia is among the top five spenders on armaments in our region, joining China, India, Japan and South Korea in the club of big military spenders on the military, according to figures published today by the Stockholm International Peace Research Institute (SIPRI).
According to the SIPRI data, world military expenditure increased in 2016 by 0.4% in real terms, and is now estimated at roughly $1686 billion. The top 10 spenders in 2016 were the USA, Russia, China Saudi Arabia, India, France, UK, Japan, Germany and South Korea.
SIPRI comments that “What we see is a predatory system of greed and power, a system that exploits the natural resources and energy of most of the world, and for this the military is the primary tool. For this reason, military spending must be reduced if we want to ensure a fair distribution of natural resources and an effective world decolonization. “
Australia will spend an estimated $1 trillion on war preparations over the next 20 years,” said Denis Doherty of Anti-Bases Campaign.
“We say Australia has a duty to reduce military spending in this time of high tension in the region brought on by the rash actions of the Trump administration.
“There has been an international campaign, including around Australia, in recent days, calling for a cut in the arms race.
“The aim is to push governments to invest money in human needs including health, education, employment and climate change rather than military.
“It is more and more urgent to drastically cut military spending worldwide and redirect this money to the promotion of human rights and to the construction a new, peaceful way of life based on the UN’s Sustainable Development Goals.
“It is urgent that we build human security structures worldwide and at the same time put a stop to war and destruction. Iraq, Afghanistan and Libya are examples of wars that have destroyed countries and their people. The vast majority of humankind desires a peaceful life,” Mr. Doherty said.