Morrison spending $270 billion to prepare for "dangerous and disorderly world".
Australia is spending $270 billion over the next decade to make sure the defence force is able to deter threats and respond with credible military force.
Prime Minister Scott Morrison also wants the Australian Defence Force to focus its efforts on the Indo-Pacific and Australia's immediate region.
He will release the 2020 Defence Strategic Update and the new Force Structure Plan with a speech in Canberra today.
Australia to acquire long-range missiles as PM warns of dangerous post-Covid-19 world https://t.co/lwCPajvw2W— Guardian Australia (@GuardianAus) June 30, 2020
"The simple truth is this: even as we stare down the COVID pandemic at home, we need to also prepare for a post-COVID world that is poorer, more dangerous and more disorderly," Mr Morrison will say, according to a draft of his speech.