Russia's actions won't just change international order but globalisation itself, says federal Treasurer Josh Frydenberg at Wednesday's National Press Club post budget address.
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In a link to the Coalition's khaki election campaign, Mr Frydenberg told the press club that "we face a more uncertain world."
"What Russia is doing today is not just challenging the international rules-based order, but will substantially change the trajectory of globalisation," he said.
"Today, national security and economic security are intrinsically linked."
Mr Frydenberg said "the stakes are high" on economic coercion and strategic competition from autocracies threatening the liberal rules-based order.
Strategic relationships with international partnerships such as the quad, ASEAN and the five eyes were another mechanism for Australia's economic resilience the Treasurer said.
"Australia must always be in a position to stand up for our values, and this budget will ensure that we are in that position to do so," he said.
The speech, touching on national security, comes after Tuesday night's release of the 2022-23 budget that has invested $9.9 billion into cyber and intelligence capabilities over the next 10 years.
Project REDSPICE, which stands for resilience, effects, Defence, space, intelligence, cyber and enablers is the biggest feature of the budget's national security focus.
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In addition, more than $10 billion will be invested in future submarine basing infrastructure and a $270 billion defence capability plan in the government's push for a further national security.
"Australia must always be in a position to stand up for our values, and this budget will ensure that we are in that position to do so," Treasurer Frydenberg said in his speech on Wednesday.
Labor shadow minister for defence Brendan O'Connor and shadow minister for cyber security Tim Watts questioned how the government would follow through on Project REDSPICE as "the cyber security sector already faces a massive skills shortage."
"The government needs to outline where it will find the 1900 extra cyber professionals it plans to recruit to the Australian Signals Directorate from an already heavily contested talent pool," they said.
Technology companies have been cautious of the $9.9 billion investment, such as chief technology officer from Sapien Cyber saying it's a "good start" but "will have limited impact on our national preparedness unless the private sector takes up the baton."
"When it comes to defending against cyberattack, 80 per cent of an organisation's defence capability rests on the internal systems and processes run by the owner and operator," Mr Counsel said.