Submarine deal a disgrace
Can anyone comprehend the massive stuff-up that is the Australian submarine deal?
Australia signs a valid contract multibillion-dollar with France and then changes its mind, going instead with UK and US offerings, triggering a hissy fit from France.
And fair enough, a contract is a contract, but that wasn’t the end of it as it now turns out there was a cost to the cancellation and that sum is $830 million!
The government, which is in charge and meant to know what it is doing, has just paid $830 million for well, absolutely nothing.
I can’t even just blame the politicians, there would have been highly paid public sector employees behind the scenes nutting out the detail.
Astonishing, this brings the cost – so the payout and the new contract – to $3.5 billion without so much as a periscope to be seen. It is estimated the delivery cost will be $90 billion.
Remember that next time the government assures us it knows what it’s doing and that it “can’t afford” something.
What’s your pet hate of government waste?
"The government, which is in charge and meant to know what it is doing, has just paid $830 million for well, absolutely nothing. "
No, it is not for nothing....it is for restoring good relations with France. All contracts carry a cancellation fee.