Naval shipbuilding program embroiled in lease quarrel

Posted February 17, 2017 07:43:00

Australia's multi-billion-dollar naval shipbuilding program has become embroiled in a real estate spat over who should pay for the use of Adelaide's state-of-the-art facilities. The South Australian government says that the Commonwealth wants a 99-year lease of its shipyards but is not willing to pay anything for it.

Source: AM | Duration: 2min 23sec

Topics: defence-and-aerospace-industries, navy, defence-industry, federal---state-issues, osborne-5017

Transcript

Australia's multi-billion-dollar naval shipbuilding program has become embroiled in a real estate spat over who should pay for the use of Adelaide's state-of-the-art facilities.

The South Australian Government says the Commonwealth wants a 99-year lease of its shipyards, but isn't willing to pay anything for it.

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Martin Hamilton-Smith, South Australian Defence Industries Minister