Report also cast doubt on whether any rigorous cost-benefit analysis was done before the 2021 announcement
Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast
The Australian government’s view that the Aukus nuclear-powered submarine project is “too big to fail” could heighten the risk of cost blowouts, a US congress research report has warned.
The Congressional Research Service also cast doubt on whether any rigorous cost-benefit analysis was done prior to the project’s announcement by Australia, the US and the UK in 2021.
Sign up for Guardian Australia’s breaking news email
More Stories
Putin calls for alternative international payment system at Brics summit
Project to build German EV microchip factory put on hold
Justin Trudeau pressured to resign by backbench MPs within own party