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Espionage cost Australia $12.5 billion in 2023-24, ASIO boss Mike Burgess says

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology.

The figure includes the direct costs of known espionage incidents, including state-sponsored theft of intellectual property, as well as the indirect costs of countering and responding.

Details of the Cost of Espionage report...

Read more: Espionage cost Australia $12.5 billion in 2023-24, ASIO boss Mike Burgess says

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