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Former Australian Government spends billions over budget on bungled defence plan

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The former Australian government has been accused of “flushing money down the toilet” after it was revealed its defence projects have blown out by billions

Australia’s Deputy Prime Minister and Minister for Defence Richard Marles has taken aim at the former coalition.

He said their defence management was “one of the worst in Australian history” and a “complete mess.”

He continued saying they “flushed money down the toilet” and did not manage the budget effectively.

Richard Marles, Minister for Defence in Australia

Bungled defence management

It has been revealed that 28 defence projects are running behind schedule by a cumulative 97 years. Including projects like the offshore patrol vessels and the battlefield command system.

Hunter Class frigates

In addition, defence projects are currently at least $6.5 billion dollars over budget, and this hasn’t factored in the controversial nuclear sub deal yet.

It’s no secret that Australia has been ramping up its defence spending in recent years, but the recent figures show the former government was not able to manage this increased expenditure effectively.

To prevent this in future, the current coalition is promising to implement strict trigger warnings on struggling projects.

They have also planned to do an overhaul of the entire defence portfolio.

This comes at a time when the Government is under immense pressure to rebuild the country economically, but faces an uphill battle after the pandemic, and the crunch of inflation.

So the question remains, will this impact Australia’s defence capability at a time when geopolitical tensions are at an all time high?

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Ticker News is now live on XumoTV and Xfinity across the U.S.

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Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility

Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.

The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.

With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.

The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.

“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.

“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.

Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.

These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.

“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.

Looking Ahead

As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.

“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.

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‘Frank and constructive’ meeting between Harris and Netanyahu

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Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.

Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.

Harris expressed her concerns about the humanitarian situation in Gaza.

She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending

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‘Left wing lunatic’: Trump tears into Kamala Harris in major rally

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Donald Trump is ramping up his attacks on Kamala Harris – his new opponent in the November election. But will it be enough to stop her?