SYDNEY -- Australia's government on Tuesday proposed a defense budget for fiscal 2023 (July 2023 to June 2024), of 42.9 billion Australian dollars ($29 billion), or 6.3% of its total public spending for the year, up from the 5.9% share estimated in October last year.
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The Virginia-class USS North Dakota is seen in this photo provided by the U.S. Navy. The United States intends to sell Australia three Virginia-class nuclear-powered submarines in the early 2030s. © Reuters
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