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Turnbull government knew submarines would cost $80bn but told public ‘greater than $50bn’, audit finds


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Defence investment plan ‘fell short of providing accurate, reliable and transparent information’ to the public, report reveals

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The former Coalition government knew the now-dumped submarine project would likely cost about $80bn when it told the public the price tag would be “greater than $50bn”, an audit report has found.

In a new report tabled in parliament on Tuesday, the Australian National Audit Office found the 2016 defence investment plan “fell short of providing accurate, reliable and transparent information” to the public.

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Continue reading…Defence investment plan ‘fell short of providing accurate, reliable and transparent information’ to the public, report revealsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe former Coalition government knew the now-dumped submarine project would likely cost about $80bn when it told the public the price tag would be “greater than $50bn”, an audit report has found.In a new report tabled in parliament on Tuesday, the Australian National Audit Office found the 2016 defence investment plan “fell short of providing accurate, reliable and transparent information” to the public.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…