AUKUS Costs Soar, Australian Submarine Agency Funding Increases

Funding for the Australian Submarine Agency is set to increase to $512 million in the next financial year, as AUKUS costs balloon amid concerns about the delivery of the sovereign submarine fleet and the search for a nuclear waste dump.

12 May, 11:03 — 12 May, 11:03

Post Share

Sources

Showing 1 of 1 sources

The GuardianMostly Factual111d ago

Aukus costs balloon with more cash and staff for submarine agency amid ongoing search for nuclear waste dump

Labor has announced funding for Australian Submarine Agency will jump to $512m in next financial year amid concerns the sovereign submarine fleet may never arrive Federal budget 2026 LIVE updates: Australia government budget announcement and speech – latest news Explore all of our 2026 Australia federal budget coverage Get our breaking news email, free app or daily news podcast The budget for Australia’s contentious Aukus deal has ballooned by more than $430m over four years, with the age...

By Ben Doherty

Read full article →

AUKUS Costs Soar, Australian Submarine Agency Funding Increases

Sources

Aukus costs balloon with more cash and staff for submarine agency amid ongoing search for nuclear waste dump

Related Stories

US Army Secretary Dan Driscoll Resigns Amid Tensions With Defense Secretary Hegseth

Police Hunt Russian Suspect in Montenegro Triple Homicide

Nepal Principal Evacuates 900 Students Minutes Before Devastating Floods

US Army Secretary Dan Driscoll Resigns After Friction With Hegseth