The cost of Australia's largest defence projects has soared by billions of dollars, and they are now facing a cumulative delay of 57 years, an audit reveals.
The cost of Australia's largest defence projects has soared by billions of dollars, and they are now facing a cumulative delay of 57 years.It found costs have risen $24 billion since the projects were first announcedAn auditor-general's report analysing 26 major defence projects has found the projects' budgets have risen more than $24 billion since they were first announced, and will now cost taxpayers $64 billion.
Together they represent half of the total approved budget for the Defence Department's active major and minor capital equipment projects.
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