It seems that the Government decided to spend lucrative sums of money on global projects (purchase of useless warplanes, alternative energies etc) --- taking example from Obama government. As usual, this will bring huge waste of money and more corruption. Let big international companies invest in our startups! They know better what is worth and what is not.
Australia to spend $64.9 billion on ships, submarines over 20 years (Reuters)
from the article: Israel bids to end global oil dependency by 2020