Australia Defence and Security Report Q1 2010

July 6, 2010 - PRLog -- A better-than-expected performance of the Australian economy has compelled us to revise our full-year growth forecast for 2009 upwards to 0.3%, from -0.8% previously, while retaining our 2010 forecast of 1.9% growth. A key risk to our outlook is a renewed Chinese downturn, which could adversely impact on Australia's economy. Australia’s international deployments in Iraq and Afghanistan, and public alignment with the US, have made it a target for Islamic terrorists. As yet, there have been no terrorist attacks on Australian soil. However, in Melbourne five individuals were arrested and charged on August 4-5 with plotting to conduct a suicide attack on a military base near Sydney. The men allegedly intended to attack the base with automatic weapons and kill as many military personnel as they could until they themselves were killed. The law enforcement agencies have claimed that the men had sought a fatwa, or religious ruling, on the permissibility of their planned attack from Sheikhs associated with the Somali militant group Al- Shabab. Al-Shabab is currently waging a jihadist insurgency against the Transitional Federal Government in Somalia. Links between Al-Shabab and Somali refugee populations in Australia and other Western nations are causing much concern for law-enforcement and security agencies. Australia’s Rudd government’s first budget included a 6.4% increase in 2008/09 defence expenditure and a commitment that spending would continue to increase by 3% in real terms per year until at least 2017, while also warning that it expected the Department of Defence to find annual internal savings of around AUD1bn. The Rudd government’s defence white paper, released in May 2009, recommends considerable expansion of the navy costing tens of billions of dollars, doubling the submarine fleet from six to 12, acquiring three new air warfare destroyers, eight new well-armed frigates, 24 new naval combat helicopters, a bigger fleet of more powerful patrol craft, and developing a serious anti-submarine warfare capability. However, the global financial crisis has already forced the Department of Defence to shelve plans to buy billions of dollars worth of military equipment, including a AUD5bn maritime surveillance system. Australia had also announced that it would acquire 100 F-35s. On December 1 2009, the government announced that it would acquire an initial 14 F-35 joint strike fighter aircraft and that the funding was now in place.

Request your free sample pages here http://www.globalmarketsdirect.com/SamplePdfRequest.aspx?...

Scope

   * Benchmark BMI’s Independent 5-year Defence & Security Industry Forecast on Australia to test other views - a key input for successful budgetary and strategic business planning in the Australian defence and security market.
   * Target Business Opportunities & Risks in the Australian Defence & Security Sector through reviews - and major deals, projects and investments in Australia.
   * Exploit The Latest Competitive Australian Defence & Security Intelligence & Company SWOTS on your peers and competitors through company rankings by sales, market share, investments and leading products and services.

Reasons to Buy

   * Snapshot evaluation of the major issues affecting security, the defence sector, economy and politics, with issues subdivided into 'strengths', 'weaknesses', 'opportunities' and 'threats'.
   * Drawing on BMI’s twenty-year heritage of Country Risk analysis, this comprehensively evaluates the key risks to domestic politics and
   * foreign relations, focusing on issues most likely to affect either domestic security or the defence sector.
   * BMI’s proprietary Security Ratings provide a reliable – and country comparable – guide to conflict, terrorism and criminal risk, backed up by our analyst’s latest assessment of each component. Furthermore, drawing on our Country Risk expertise, we assess the state’s vulnerability to a serious – or prolonged – terrorist campaign.
   * Overview of industry landscape and key players; public/private structure, size and value of industry sector; assessment of business operating environment and latest regulatory developments; indepth review of recent procurement trends and developments.
   * Historic data series and 5-year forecasts to end- for key industry indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast. Defence expenditure (local currency and US$bn); defence expenditure (% of total budget); defence expenditure (% of GDP); defence expenditure per capita, US$; defence budget (local currency and US$bn); employment in arms production (‘000s); employment in arms production (% of labour force); arms imports (US$mn); arms imports (% of total imports); arms exports (US$mn); arms exports (% of total exports)
   * BMI 5-year forecast and analysis of all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.
   * Company profiles, including senior executives and full contact details, business activity, products and services, foreign direct investments and projects.

to view this report visit http://www.globalmarketsdirect.com/Report.aspx?ID=Austral...

# # #

The Global Markets Direct Report Store features thousands of high quality company and market research reports across a broad range of industries. Browse or search our collection of reports today to access the latest in business intelligence from some of the world’s leading publishers.