Treasurer Hockey revealed this morning that the submarines contract would not be put out to a competitive tender. Hockey was also asked about Laborâs tactical ambush in the Senate last night about submarines⊠Would the government allow a competitive tender for the looming submarines acquisition? No, said Hockey. âWe donât have timeâ. Letâs be clear. The submarines contract is likely to be worth at least $20 billion. The submarines are also unlikely to be delivered for another decade. So how can Hockey credibly claim that âwe donât have timeâ to put the contract out to a competitive tender? A competitive tender is the only way to ensure that Australia gets the best submarines at the best price. In refusing to undergo due process, the Coalition has thrown any Budget credibility that it had left out the window. Source and read more: macrobusiness.au/2014/12/submarines-expose-coalitions-credibility-problem/
Posted on: Tue, 02 Dec 2014 00:49:16 +0000
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