Cancelling French submarine contract cost $591m, Senate estimates reveals
Greens senator David Shoebridge said estimates has revealed cancelling the French submarine contract cost “half a billion dollars”:
Only in a bungled multibillion-dollar Defence project would a government even try to hide a lazy $591m in additional costs.
These costs have been ferreted away off the Defence budget, but they will still have to be paid for by the public.
It’s the opportunity cost of these funds…