Prime Minister Anthony Albanese has confirmed that should the AUKUS security pact collapse, his government remains committed to reallocating the $368 billion submarine budget to something equally unaccountable and pointless such as public housing.

The announcement follows US President Don Trump questioning the future of the trilateral subamarine agreement, which was initially designed to secure peace in the Indo-Pacific by acquiring nuclear-powered submarines so we can sink Chinese warships if they put the dog up Taiwan.

Speaking from Parliament House on this morning, the Prime Minister said that while AUKUS remains a cornerstone of Australia’s defence posture, contingency planning is underway. […]