Australia’s bid to develop a fleet of nuclear-powered submarines will cost more than US$80 billion and take decades in the “most complex” project the country has ever embarked on, a study released on Monday warned.The report from the Australian Strategic Policy Institute – an influential Canberra-based think tank – said ownership of the hi-tech subs built with US or British know-how as part of the Aukus alliance would offer a major advantage in deterring aggression from China or elsewhere.But…

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