$40,000 Cash Bonuses to Retain Military Personnel

The Australian Defence Force (ADF) is set to enhance its retention strategy with a renewed Continuation Bonus, which offers two separate $40,000 bonuses to members at critical career points. The government announced on Nov. 5 that after the current bonus pilot—which offers a one-off $50,000 payment for a further three years of service—ends in June 2025, defence will launch an expanded initiative that will run until June 2028. The plan comprises two bonuses. The first bonus is for permanent members who have completed their initial service obligation and four years of service. The second bonus targets those who have served at least seven years, and are at least three years past their initial service obligation....