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Australia news live: Albanese says French relationship can be ‘reset’ after $830m submarine penalty

Australia settles with Naval Group over $90bn French submarine contract cancellation

The prime minister, Anthony Albanese, confirms the Australian government has settled with Naval Group to conclude the Attack Class submarine program.

Albanese:

The former government made the decision to scrap the contract on the basis of advice about the capability requirements for the Australian Defence Force, advice that was accepted by Labor in opposition. But the way that decision was handled has caused…


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