‘World is a dangerous place': Jim Chalmers discusses Australia's defence funding
Treasurer Jim Chalmers speaks on the relationship between the United States and Australia following demands for increased defence expenditure from the US.
'Our funding for defence is determined by our government, we obviously take into consideration what is happening in the world and the views of our allies,' Mr Chalmers said at a media conference on Wednesday.
'The world is a dangerous place, it's dangerous in security terms, it's dangerous in economic terms.
'I think one of the defining influences on this second term on this Albanese government will be what is shaped by global circumstances, certainly in the defence sphere.'
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