Billions sunk, yet no clear end to Australia's submarine plan

French President Emmanuel Macron (second left) and then Australian Prime Minister Malcolm Turnbull (third left) standing on the deck of HMAS Waller on May 2, 2018. PHOTO: AFP
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SYDNEY - In 2009, Australia unveiled an ambitious plan to develop a new fleet of 12 submarines "without delay" to replace its ageing fleet of six submarines.

The plan to acquire a new fleet was flagged as a crucial priority for the country, particularly as China's naval power rapidly expands and as tensions rise around the South China Sea.

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