French President Emmanuel Macron and former Australian Prime Minister Malcolm Turnbull stand on the deck of HMAS Waller, a Collins-class submarine operated by the Royal Australian Navy, at Garden Island in Sydney on May 2, 2018.
Ludovic Marin | Afp | Getty Images
Australia’s new Labor-led government has reached a 555 million euro ($583.58 million) settlement over a controversial decision last year to scrap the French submarine deal, a move…