Support the retention of Defence personnel and the achievement of Defence's workforce growth targets.
The Government will provide $397.4 million over two years from 2023-24 to support the retention of Defence personnel and the achievement of Defence's workforce growth targets. Funding includes:
* $395.4 million over two years from 2023-24 to pilot a $50,000 continuation bonus that would be offered to Australian Defence Force (ADF) personnel nearing the completion of relevant initial periods of service
* $2.0 million in 2023-24 to conduct a defence housing feasibility review aimed at reducing the housing burden on ADF personnel, encouraging home ownership and ensuring Defence housing meets future needs. The cost of this measure will be met from within the existing resourcing of the Department of Defence. This measure supports the priority for growth and retention of a highly skilled Defence workforce within the Government's response to the Defence Strategic Review. Defence |