Australia the losers in the Asian arms race Date: Monday, 9 July 2007 Defence analyst by Dr Carlo Kopp writes: Listening to the august pronouncements of our Defence Minister, in unison with the Defence bureaucracy, over recent months, one could almost be forgiven for missing the fact that Australia is now in the midst of the most intensive regional arms race seen since the late Cold War. The deeper reality is that Australia is now repeating exactly the same kind of defence planning blunders committed during the late 1930s. In July, 1939, Australia took delivery of its first CAC Wirraways,...