Licence-free defence trade soars under new export regime


Australian defence firms shipped more than $150 million in military goods to the United States and United Kingdom without a licence over the past year under the new export controls regime.

That’s according to David Nockels, first assistant secretary for Defence Trade, Regulation and Industrial Collaboration, who gave an update on the newly streamlined system at the Indo Pacific International Maritime Exposition last week.

The $150 million figure marks a …

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