Zen and the Art of Defence investment: big numbers for everyone – Episode 70
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Written by

Marcus Hellyer and Michael Shoebridge
May 01, 2026

A Zen temple helps Marcus seek balance between the contradictions in Australia’s defence Strategy, while Michael struggles with a noisy kettle in the bunker. Australia’s new Defence Secretary takes over the much smaller empire left by her predecessor – and brings skills to help Minister Pat Conroy produce new numbers around new ‘announceables’ at will.

Secretary Quinn has arrived in the nick of time, right as Mr Conroy’s alchemy of announceables post-strategy launch seeks to sell US Defence Prime Northrop Grumman building rocket motors in Australia by 2033 as an example of the urgent creation of sovereign Aussie sovereign industry.

It’s beautiful to watch Marcus apply his new mindfulness tools in a doomed but noble attempt to set out the maths behind the big new spending claims of the Australian Government in recent weeks.

The episode covers the growing distortion of Australia’s military towards things on the water over things in the air and land – despite Australia being a country surrounded by both water and air….and it finishes up with US sub numbers and the breath of fresh air injected into Australia’s defence debate by Senator Paterson, daring to notice things like delays in big programmes, and thinking beyond the usual beat ups.

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