In a statement released yesterday, Australian defense ministers said that the Albanese administration will provide AUD 12 billion [about USD 8 billion] towards delivering a Defence Precinct at Henderson to deliver continuous
Image:Australian Government]
In a statement released yesterday, Australian defense ministers said that the Albanese administration will provide AUD 12 billion [about USD 8 billion] towards delivering a Defence Precinct at Henderson to deliver continuous naval shipbuilding and AUKUS capabilities in Western Australia.
As we reported at that time, plans for the expansion of the Henderson Shipyard into the Defence Precinct were first unveiled in October 2024.
“Alongside the Albanese Government’s record investments across shipbuilding and AUKUS in Western Australia, said the statement, “these commitments will support 10,000 direct jobs over the next two decades as well as providing opportunities for small and medium sized businesses across the state.
“Today’s announcement of new money is a significant down payment for the Defence Precinct, with early independent planning and advice indicating the Henderson Precinct will require investment in the order of AUD 25 billion over the decade.
“This early commitment of funding will provide certainty to industry
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