Value of shares in eight companies rockets amid sharpest increase in military spend since cold war
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Australia’s $250bn sovereign wealth fund has secured huge returns on investment in weapons and defence companies in less than two years, despite long-running criticism of its support for the industry.
The value of shares held in eight companies increased by $76m between October 2023 and June 2025 amid wars in the Middle East and Ukraine and the sharpest increase in military spending since the cold war.
Background
This developing story continues to unfold as more information becomes available. The situation has drawn attention from various stakeholders and continues to be monitored closely.
Analysis
Industry experts suggest that this development could have significant implications moving forward. The broader context of this news reflects ongoing trends in the sector.
What This Means
The implications of this news extend beyond the immediate circumstances. Stakeholders are closely watching how this situation develops and what it might mean for future developments in this area.