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The Guardian - AU
The Guardian - AU
National
Martin Farrer

Morning Mail: Nuclear subs deal a ‘new dawn’ for defence; voice critics accused; banking sector fears

Australia will operate a new generation of nuclear-powered submarines based on a British design
Australia will operate a new generation of nuclear-powered submarines based on a British design. The deal is set to cost $268bn to $368bn. Photograph: BAE/PA

Morning everyone. Some time in the early 2030s, Australia will take possession of its first nuclear-powered submarines. Then, around a decade later, we hope to deliver the very first nuclear-powered sub built on home soil.

It’s being described as a “new dawn” for defence policy and the journey is under way as Anthony Albanese meets Joe Biden and Rishi Sunak in San Diego. We’ve got full coverage of the announcement, and the reaction to this huge, expensive and globally consequential deal.

Back home, Indigenous leaders have voiced some sharp criticisms of opponents of the voice to parliament. And bank shares could come under pressure as the fallout from the biggest financial collapse since 2008 continues.

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