Australia to Buy $4.7B of US Missiles to Boost Deterrence

Above: A missile is launched from a US military HIMARS system during joint military drills at a firing range in northern Australia as part of Exercise Talisman Sabre in Shoalwater Bay on July 22, 2023. Image copyright: ANDREW LEESON/Contributor/AFP via Getty Images

The Spin

Establishment-critical narrative

Australia is unnecessarily hyping up the "China threat" narrative. China is committed to maintaining peace and stability in the Asia-Pacific and does not pose a challenge to any country. Australia's increased military spending and focus on long-range strike capabilities may contribute to regional tensions and an arms race, potentially undermining peace and security in the Indo-Pacific.

Pro-establishment narrative

Australia has made a bold strategic move by investing in advanced US-made SM-2 IIIC and SM-6 missiles. This move significantly boosts its naval defense and cements Australia's alliance with the US. It underscores growing concerns about regional security, even though some argue that the China threat is overstated. However, Australia must not solely rely on the US for defense amid a shifting geopolitical landscape.

Metaculus Prediction

There's a 31% chance that Australia will operate a nuclear power plant before 2042, according to the Metaculus prediction community.


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Establishment split

CRITICAL

PRO