Finance and financial policy in defence contingencies

Abstract

This book is concerned with the financial policy instruments and institutional mechanism that are involved in Australian defence policy or readily available to the government to enable it to meet its security objectives. In addition, the book addresses the nature of financial responses when Australian defence policy is disturbed by events of a military, strategic or national security nature. It argues that financial policy is one of the key common denominators underpinning the defence of Australia against threat, aggression and other less defined hostile activities and concludes that, in most cases finance is as important a component of the effective management of war or conflict as is defence policy, and that this should be recognized in Australian national security policy.