Breaking The Australian government will pay $830 million in compensation to France's Naval Group over scrapped submarines contract 'We can now reset the relationship without this clouding the relationship,' Anthony Albanese said.
Australian Prime Minister Anthony Albanese during a joint press conference in Sydney, on 10 June 2022.The Australian government will pay $830 million in compensation to France's Naval Group over the cancelled submarines contract.
The previous federal government had scrapped the agreement in favour of the AUKUS alliance deal on submarines. Prime Minister Anthony Albanese said the settlement amount of A$830 million is "fair and equitable" and will allow for the re-establishment of better bilateral relations between Australia and France."I intend to have an honest relationship with France - one that is based upon integrity and mutual respect."
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nations League: Kylian Mbappé rescues draw for France against AustriaKylian Mbappé struck a late equaliser to help the Nations League holders salvage a 1-1 draw in the Group A1 game in Vienna
Read more »
Austria v France, Denmark v Croatia and more: Nations League – live!Clockwatch: France seek their first Nations League win of the campaign against Ralf Rangnick’s side in Vienna – join Scott Murray for updates
Read more »
NBN Co staff receive hefty pay bumps as bonuses scrappedThe decision is estimated to have affected about 3500 staff who received all or part of their short-term incentive bonus in the 2021 financial year.
Read more »
$150 to queue for hours: Australians pay cash to avoid passport linesDesperate Australians are turning to online marketplaces to avoid lengthy passport queues.
Read more »
Sussan Ley blames energy crisis on Daniel AndrewsDeputy Liberal leader Sussan Ley has slammed Daniel Andrews for his 'absolute refusal' to explore onshore gas options saying he has 'really contributed' to the energy crisis affecting the east coast.
Read more »
Police charge 76yo Canadian man after allegedly smuggling 24kg of ice hidden in shoeboxesAustralian Federal Police charge a 76-year-old man after he allegedly brought more than $22 million worth of the drug ice into the country hidden in shoeboxes.
Read more »