AUKUS: The $368 billion submarine mirage

AUKUS: The $368 billion submarine mirage

Author: New Politics June 5, 2026 Duration: 25:59
AUKUS was sold as a transformational defence agreement that would deliver a fleet of nuclear-powered submarines and strengthen Australia's security for decades to come. Nearly five years later, the promised new submarines have become second-hand Virginia-class vessels from the United States, raising fresh questions about a program expected to cost up to $368 billion. As former Labor minister Peter Garrett launches an independent review of AUKUS, we examine the escalating costs, shifting promises, lack of parliamentary scrutiny, growing dependence on the United States and Britain, and whether Australia is sacrificing sovereignty and assuming enormous financial risk for a defence strategy that remains increasingly uncertain.
#AUKUS #Auspol #DefencePolicy #NuclearSubmarines #NationalSecurity #NewPoliticsPodcast

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Eddy Jokovich and David Lewis host New Politics: Australian Politics, a podcast dedicated to cutting through the noise of the daily news cycle. Their conversations go beyond the headlines and parliamentary theatre, digging into the stories and power dynamics that often get sidelined. They focus on the issues that mainstream coverage tends to gloss over or ignore entirely, driven by a commitment to the kind of accountability many journalists shy away from. Each episode is built on thorough analysis and direct discussion, offering listeners a deeper understanding of the forces shaping the country. You’ll hear them dissect policy, political strategy, and the real-world consequences of decisions made in Canberra, all with a serious and critical eye. This isn’t about soundbites or partisan point-scoring; it’s about examining how power operates and who it serves. For anyone tired of superficial political reporting and looking for substantive commentary, this podcast provides a necessary and regular dose of clarity. Tune in for their unflinching take on Australian politics, where the conversation always aims to hold power to account.
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