Tue, 21-Oct-2025

Australia warned bid for nuclear subs carries ‘enormous’ risks

Australia

SYDNEY: Australia’s bid to develop a fleet of nuclear-powered submarines will cost more than US$80 billion and take decades in the “most complex” project the country has ever embarked on, a study released Monday warned. The report from the Australian Strategic Policy Institute — an influential Canberra-based think tank — said ownership of the high-tech … Read more