PM Dismisses Concerns as Subs Site’s Huge Cost Revealed Australia is set to spend at least $30 billion on a new construction yard for nuclear submarines under the AUKUS agreement. The federal government has already committed $3.9 billion as an initial payment for the facility in Osborne, Adelaide. The project is projected to generate 10,000 jobs and train approximately 1,000 apprentices each year.

• A new construction yard for Australia’s nuclear submarines will cost at least $30 billion.
• The federal government has pledged $3.9 billion as a down payment for the facility.
• The Submarine Construction Yard will be located in Osborne, northern Adelaide.
• The project is expected to create 10,000 jobs in design and construction.
• Up to 1,000 apprentices per year will be trained at an onsite facility.