Australian Budget 2022 delivers AU$9.9 billion for spicy cyber

Image: Asha Barbaschow/ZDNet

The federal government has released its 2022-23 federal Budget, containing a AU$9.9 billion kitty for bolstering cybersecurity and intelligence capabilities in the midst of a growing cyberthreat landscape around the world. The near-AU$10 billion will be spent across a decade under a program called Resilience, Effects, Defence, Space, Intelligence, Cyber and Enablers (REDSPICE).

“This is the biggest ever investment in Australia’s cyber preparedness,” said Treasurer Josh Frydenburg, who announced the Budget on Tuesday night.

Looking at how the federal government envisions the AU$9.9 billion will be spent, the Australian Signals Directorate (ASD) will be the biggest recipient of these funds. Over the next four years, the ASD will receive AU$4.2 billion to double its employee head count, triple its offensive cyber capabilities, double its cyber hunt and response activities as well as preserve its ability to deliver a “strategic advantage”.

“The package will help ASD to keep pace with the rapid growth of cyber capabilities of potential adversaries, as well as being able to counter attack and protect our most critical systems,” according to Budget documents.

REDSPICE will also provide funding for Australian industry and support new employment pathways through partnerships with educational institutions, particularly in

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