Cost of submarines sails past $200 billion
Andrew TillettForeign affairs, defence correspondent
The estimated cost of building and maintaining Australia's new submarines has swelled to $225 billion over the fleet's life, according to evidence from a senior Defence official.
The head of the navy's submarine program, Greg Sammut, revealed the cost of sustaining the fleet once operational would be $145 billion when adjusted for inflation – much higher than first thought.
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Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com
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