Australia has announced it will raise defence spending to 3 per cent of GDP by 2033, committing an additional A$53 billion (US$38 billion) over the next decade compared to its 2024 defence strategy. Defence Minister Richard Marles cited a deteriorating global security environment, noting that more countries are engaged in armed conflict today than at any time since the end of World War II. The move comes amid US pressure on Canberra to increase military expenditure, as well as growing concern over China's naval expansion, with Australia also channelling funds into autonomous submarines, drone aircraft, and nuclear-powered submarine infrastructure under the AUKUS pact with the United States and Britain.