Jun 27, 2010 18:26 UTC
In the wake of its 2006-2007 defense budget proposal “To Defend Australia” [PDF], the Australian government announced that it would begin a comprehensive review of the country’s defense industrial policy. This is not uncommon in an industry that’s a domestic oligopoly by nature, but has some global export potential. In late 2005, Britain also undertook a review of its defense industrial policy, leading to wide-ranging recommendations and a new blueprint.
Australia’s road has been slower. Initial steps were taken under a Liberal Party government in 2006, and have continued under the current Labor Party government. In June 2010, an initial blueprint was released:
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