Posts tagged "submarine construction"

The 59 leading economists surveyed were asked to pick from a list of 13 options (many of them identified in the government’s 2022-23 Tax Expenditures and Insights Statement) and reply as if political constraints were not a problem.

Australia will initially run pre-loved Virginia Class nuclear-powered submarines imported from the US, ahead of a tripartite deal to build eight new British-designed SSN-AUKUS subs in Adelaide by 2055.

The Morrison government has agreed to drop its requirement for local construction to just 40%, according to a briefing delivered by a senior government figure on Thursday morning.