Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 8 : 27-Apr-16

The Australian Government’s decision to build a new $A50bn fleet of submarines in Adelaide will create 2,800 jobs in South Australia, including 1,100 direct jobs. RAND Corporation has estimated that building the 12 submarines overseas would have reduced the cost by 30-40 per cent, but notes that the cost will be reduced by having a continuous shipbuilding program. The submarine contract has been awarded to France-based DCNS, which edged out defence contractors from Japan and Germany.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF DEFENCE, DCNS SA, RAND CORPORATION, JAPAN. MINISTRY OF DEFENCE, JAPAN. OFFICE OF THE PRIME MINISTER, AUSTRALIAN LABOR PARTY