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Companies are increasingly recognising the importance of supporting their employees’ wellbeing, not just for their personal benefit but also for the overall performance of the business.
As the curtains rise on another chapter of economic policy, the Australian Federal Budget has once again taken center stage.
A report released by the Australian Strategic Policy Institute (ASPI) on 30 May 2023 has revealed that the 2023/24 Budget provides $1.5B less to the Defence sector over the next three years than last year’s budget.
The Australian Defence Force (ADF) could resurrect the Ready Reserves program to attract young people to the ADF.
Upskilling staff is essential for companies to stay competitive in today’s rapidly evolving Defence landscape. However, the cost of training can be a barrier for many businesses, especially small and medium-sized enterprises (SMEs).
Working in Australia’s defence industry is a long-term investment. There are numerous requirements companies must meet before they are even considered for Defence’s supply chain.
As the Australian defence industry continues to grow, government grants are becoming an increasingly important source of funding for businesses looking to innovate and grow.