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Federal Government accused of contributing to global arms race with defence exports push
Aid groups have criticised the Federal Government’s plan to dramatically ramp up defence exports, accusing the Coalition of contributing to a global arms race.
The Government has declared it wants Australia to be one of the world’s top 10 exporters, unveiling a new loan scheme for defence companies which want to sell their products overseas.
Australia’s defence exports are worth about $2 billion a year — but Defence Industry Minister Christopher Pyne said he wants that figure to be higher.
“We sell a…