AUKUS sub deal comes with hefty price tag for Australians

AUKUS sub deal comes with hefty price tag for Australians

The submarine deal, which forms part of the AUKUS pact, might come at a high price for Australians, one of the country’s think tanks revealed in a fresh report that estimates the project’s ultimate cost at up to US$121 billion.

The agreement that already saw Canberra ditching its US$90 billion diesel-electric submarine contract with France in favor of new partners – the US and the UK – might now hit the Australian taxpayers’ pockets as well, the Australian Strategic Policy Institute (ASPI) warned in a report published on Tuesday.

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Australia is yet to determine the exact submarine designs it wants, and whether…

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