The Albanese government has struck an impressive outcome with its AUKUS partners. Now the hard work begins.
As Anthony Albanese winged his way from India to the US for the AUKUS announcement and back to Australia, the trip required a couple of refuelling stops. But Albanese turned these into virtue.
“And then upon coming to office we’ve worked very, very hard, I assure you. The National Security Committee has met on some weeks two, three times getting on top of this. We’ve met through the Expenditure Review Committee, we’ve been liaising with our British and American counterparts.”over coming decades and deliver the Royal Australian Navy its first nuclear-powered submarine in just 10 years time.
Nevertheless, there are good reasons to be sceptical about the cost. First of all, Treasury struggles to get its budget forecasts right from one year to the next – and no crystal ball has been invented that can accurately predict what inflation will be over the next 32 years. “For the first 10 of those years, we’re not going to have any nuclear submarine capability whatsoever. Then for the next 10 years we’re not delivering any AUKUS boats. The new nuclear submarines get expensive in the back half of the 30 years.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The big AUKUS question that Albanese has yet to answerPaul Keating is insouciant about China’s muscle and dismissive of Taiwan’s democracy. But he has changed the national debate about the submarine deal.
Read more »
SA premier wades into states’ feud over AUKUS nuclear wastePeter Malinauskas tells the WA and Victorian premiers that the national interest should govern where to put the waste, not “domestic political tit-for-tat”.
Read more »
Nuclear split intensifies between Labor premiers over AUKUS subs wasteSA Premier Peter Malinauskas hits back at suggestions from his Labor counterparts in Victoria and WA that his state should take nuclear waste from the future AUKUS fleet.
Read more »
US approves $1.3 billion sale of Tomahawk missiles to Australia under AUKUS pactAustralia could buy as many as 220 Tomahawk guided missiles from the United States that would help the nation to 'contribute to missions of mutual interest'.
Read more »
Pressure on US Congress to act fast on AUKUSGiven the long lead times to Australia receiving nuclear submarines, the State Department and the Pentagon said work was quickly needed on legislation for technology transfer.
Read more »
Aukus nuclear submarine deal will be ‘too big to fail’, Richard Marles saysAustralia’s defence minister plays down concerns multidecade plan could be vulnerable to political changes in the US and UK
Read more »