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AUKUS alliance ‘waste of money’ says ex-PM

  • Former Prime Minister Malcolm Turnbull criticized the AUKUS partnership, calling it a "terrible deal" for Australia, warning that the country might end up with no submarines at all.
  • Turnbull stated, "We will have lost both sovereignty and security, and a lot of money as well," while discussing the deal's implications.
  • He mentioned that there is "no guarantee" Australia will receive the promised US nuclear-powered submarines, despite the significant financial commitment to the agreement.
  • Turnbull expressed concerns about the financial aspects of the deal, indicating that it is flawed.
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Australian Financial Review broke the news in Sydney, Australia on Sunday, March 16, 2025.
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