Albanese dismisses Aukus concerns as submarine shipyard cost revealed to be $30bn

Prime minister commits $3.9bn as ‘down payment’ for Adelaide facility to eventually build nuclear-powered vesselsGet our breaking news email, free app or daily news podcastAt least $30bn will be spent building a construction yard to eventually build nuclear submarines for Australia under the Aukus agreement, despite doubts over the deal.The prime minister, Anthony Albanese, announced on Sunday the federal government had pledged $3.9bn as a “down payment” to secure the future of the submarine construction yard in the northern Adelaide suburb of Osborne. Continue reading...