The Defence Department has outdone itself with the AUKUS submarine project. In Paul Keating’s words, “it’s the worst deal in all history”. That’s not just because of the staggering $386 billion price tag, but because of the form the program is to take. Former submariner Rex Patrick looks at the most astonishingly irrational part of the announcement.

Source: Rex Patrick on AUKUS submarines: “an astonishingly bad deal” – Michael West