Today's announcement that the government is going to spend more than $12 billion on F-35 Joint Strike Fighters has already caused a lot of head scratching in this the "age of austerity". And that's fair enough -- every dollar the government spends on defence isn't available for anything else the punters might want.
Crikey Clarifier: are the F-35s a bunch of white (flying) elephants?
Why are spending $12 billion on military planes with a history of faults? Andrew Davies, a senior defence analyst at the Australian Strategic Policy Institute, explains.