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• Comment Link Saturday, 18 January 2025 20:26 posted by bonus99

  By Kirsty Needham
  
  SYDNEY, Nov 4 (Reuters) - Australia will spend A$600 million ($395 million) on defense reserve
  recruitment and extending a cash bonus to retain troops as the center-left
  Albanese government seeks to overcome workforce shortages, officials
  are expected to announce on Tuesday.
  
  A review of Australia's defense force last year identified severe workforce pressures as a
  priority issue, even as the government lifts its defense budget to a record A$51.5 billion annually, revamping its northern military bases and acquiring long range strike capabilities.
  
  
  A defense workforce plan expected to be released on Tuesday cites a competitive national labor
  market and record low levels of unemployment as putting pressure on defense's ability to recruit, according to excerpts viewed by Reuters.
  
  
  A bonus scheme introduced last year will be extended
  until 2028 and expanded through the middle ranks, offering A$40,000 to
  defense force members who stay to "address hollowness in the force,"
  the plan says.
  
  The Department of Defence aims to achieve a permanent defense
  workforce of 69,000 by the early 2030s, with an overall combined defense and civilian workforce of around 100,000 by
  2040, the plan says.
  
  In June, there were around 57,000 permanent defense personnel,
  falling short of funded positions.
  
  "Our ADF personnel are our greatest capability, which is why it is crucial that the Defence workforce has the people it needs to help protect Australia´s strategic interests," Defence Minister Richard
  Marles said in a statement.
  
  Australia is spending up to A$368 billion to acquire nuclear powered submarines under
  the AUKUS partnership with the United States and Britain,
  and has also allocated A$74 billion for missile systems, as it responds to rising tensions with China in the
  Indo Pacific region.
  
  On Monday, Australia canceled a multibillion-dollar military satellite project with Lockheed Martin, saying it would
  instead shift its focus to a multi-orbit system to increase resilience for the Australian Defence Force.
  
  
  ($1 = 1.5172 Australian dollars) (Reporting by Kirsty Needham in Sydney; Editing by Mark Potter)
• Comment Link Saturday, 18 January 2025 20:22 posted by ufa656

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