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Australia accelerates naval shipbuilding program to secure jobs

Valerie Insinna
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Australia accelerates naval shipbuilding program to secure jobs

SYDNEY: Australia will speed up plans to build more naval vessels in domestic shipyards, Prime Minister Malcolm Turnbull said on Monday, making an announcement that could find favour with voters just weeks ahead of a likely federal election. Naval shipbuilding is a key part of a plan unveiled in February to boost defence spending by nearly A$30 billion ($23.02 billion) over the next 10 years.

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