Defence procurement bungles and wins

[LP]

“These are huge numbers and yet the Albanese government hasn’t shown any way it intends to be able to pay for this in the next three years or the next 15 years.”.. says The Australian’s National Editor Dennis Shanahan.

Shanahan knows as well as anybody else that the budget figures are in today dollars, not the 2050 dollars.

As with any major purchase or infrastructure project, it seems expensive at the time, but decades later it'll seem cheap and we won't be able to work out why it didn't happen earlier.

When I was a munchkin opponents claimed the Westgate Bridge was a luxury item the state could not afford, now we are replicating it with tunnels and people are claiming the tunnels are too expensive and a bridge would be a cheaper option.

Didn't I hear something on radio the other day about a bridge across Port Phillip Heads or Westernport Heads, aka the Bay Ring Road? Somebody claimed it was too much at estimated $90B, seems cheap today! :o