{"id":440456,"date":"2026-05-28T18:18:20","date_gmt":"2026-05-28T08:18:20","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=440456"},"modified":"2026-05-28T18:18:21","modified_gmt":"2026-05-28T08:18:21","slug":"audit-reveals-693-million-wasted-on-collins-submarine-extension","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=440456","title":{"rendered":"Audit Reveals $693 Million Wasted on Collins Submarine Extension"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Australian National Audit Office report from May 22, 2026, details $693 million spent by February on the Life of Type Extension project for the six Collins boats, launched in 2018 to keep them running into the 2030s. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Technical risks, delays, and the 2021 cancellation of the French Attack-class deal caused the effort to unravel, with a key design contract swelling from $125 million to $813 million and most milestones missed by an average of 12 months. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Defence has shifted to a $11 billion refurbishment for five subs and accepted recommendations for better risk management, amid broader criticism of $9.4 billion in sunk costs from shifting submarine plans under AUKUS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technical risks, delays, and the 2021 cancellation of the French Attack-class deal caused the effort to unravel.<\/p>\n","protected":false},"author":22,"featured_media":440457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[273],"tags":[12530,12563],"class_list":["post-440456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","tag-aukus","tag-richard-marles"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/440456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=440456"}],"version-history":[{"count":1,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/440456\/revisions"}],"predecessor-version":[{"id":440464,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/440456\/revisions\/440464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/440457"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=440456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=440456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=440456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}