Australian soldiers and staff will be offered a $50,000 (US$33,170) bonus payment as part of a wider effort to stem the ongoing loss of personnel in the country’s defence force.
Attrition or the rate of personnel leaving the Australian Defence Force (ADF), hovers at around 10 percent each year, which equates to 5,000-6,000 individuals.
The issue has become more pressing in recent years given the rising tensions in the Indo-Pacific region and the looming possibility of conflict.
The Albanese government says the initiative will cost around $400 million (US$265 million) and will be available to permanent ADF members after they have served a minimum of four years—their initial mandatory period of service….