Australia is spending AU$230 ($178) million over the next four years to beef up its cybersecurity measures. Prime Minister Malcolm Turnbull haslaunched the new strategy in Sydney, where he also admitted that the country has offensive hacking capabilities. He didn't say whether Australia ever used it to spy on other countries or its own citizens. But he acknowledged that it exists, because it "adds to [Australia's] credibility as it promote norms of good behaviour on the international stage and, importantly, familiarity with offensive measures enhances [its] defensive capabilities as well."
Part of the money will go to relocating the Australian Cyber Security Center where it's more accessible to business owners. The strategy also includes building more centers in different cities throughout the country, as well as funding security testing for 5,000 small to medium businesses. In the document (PDF) the government released detailing the initiative, it says Australia's internet-based economy is "growing twice as fast as the rest of the global economy." Online businesses have been contributing billions to the country's GDP, so it's only logical that the country is taking steps to protect them and all its other internet users.