Browsing: Defence

HMAS Cerberus will be “partially divested” as part of a massive sale of 35,000 hectares of defence real estate – including some of the nation’s most historic barracks – that is expected to raise almost $2b. Announced by Defence Minister Richard Marles on Wednesday 4 February, the announcement is the long-awaited response to a sweeping audit of the nation’s defence estate portfolio released in 2023. The government has acknowledged the sale of defence facilities has been a challenging issue, with the expectation of push-back from veterans and local communities to the sale of some of the country’s most iconic defence…