Australia Allocates $123 Billion Contingency for Largest Defence Project 🚢

New analysis uncovers a $123 billion contingency fund set aside for Australia's largest-ever Defence initiative—the AUKUS nuclear submarine program. Learn what this means for national security and future capabilities.

ABC NEWS (Australia)478 views3:42

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A 123 billion dollar "contingency" has been set aside for Australia’s largest ever Defence project according to a new analysis of the AUKUS nuclear submarine program. Experts have described revelations of a fifty percent risk provision for unforeseen cost overruns as extraordinary.

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478

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3:42

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Published
Apr 28, 2023

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