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Future submarines: Australia's $40 billion risk : Comments
By Peter Coates, published 21/7/2014At current estimates the cost of 12 locally built submarines may amount to $40 Billion. With the global financial crisis and the end of the mining boom Australia doesn't have that kind of money to spare.
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If they want to retain SA manufacturing skills I suggest building a small nuclear power station on the largely vacant site of the former Mobil refinery at Pt Stanvac. Whether or not submarines are needed is arguable but the need for low carbon energy is clear cut. The issue is not subs but retaining skilled manufacturing.