Australia boosts funding for intelligence agencies by $45 million

The Australian government has announced an additional $45 million in funding for the Office of National Intelligence. This decision follows the release of an independent review of the nation's spy agencies. The review highlights various threats facing Australia, especially from China, which is seen as an increasingly powerful and authoritarian nation. It discusses challenges such as cyber attacks, foreign interference, and the impacts of climate change and the pandemic. Despite some concerns, the review found that Australia’s intelligence agencies are generally performing well. It does not recommend major changes, unlike the significant restructuring that followed a similar review in 2017. However, it includes several recommendations for improving operations. The report calls for closer cooperation between agencies and suggests that the Office of National Intelligence enhance its analytical capabilities. It recommends that intelligence agencies produce at least two major assessments each year and conduct regular drills for crisis preparedness. Additionally, the review underscores the need for reforms in electronic surveillance laws to help agencies respond to modern threats. The government has committed to implementing these recommendations with the promised funding. Treasurer Jim Chalmers noted that economic policy and national security are increasingly linked. The government is also urged to finalize new laws to allow spy agencies better access to necessary data. Opposition officials criticized the government for delays in reforming surveillance powers, highlighting the urgent need to act in a changing security landscape. Former officials have commended the review for its comprehensive assessment of the intelligence challenges facing Australia.