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Asc's Submarines

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INTRODUCTION:
Australians role in the Asia Pacific region is an important economic growth in Australia. The common trade began in 1989, and is creating a seamless regional economy. The purpose of trade is to ultimately provide the state with a unique set of opportunities and creates a greater understanding of employment and quality of living. Australia is known to provide the state with a set of opportunities.

OVERVIEW OF SOUTH AUSTRALIA’S ECONOMY
South Australia economic performance has vastly improved in recent decades. The Mining Industry, is undoubtedly the most valuable resource that South Australia has. (Australian Mining. This is our Story. 2015). Besides this, South Australia is commonly known for to have a flexible and skilled workforce, …show more content…

(ASC - Home. 2015). Essentially Tony Abbott had a pledge to create Submarines that will defiantly create new jobs in South Australia worth $50 billion. Mr. Abbot definitely made this decision, out of some doubts over his popularity in South Australia prior to the election. The submarine exists to provide defence over Australia. This could potentially be benefiting Australia greatly. (ASC - Submarines. 2015). The Federal Government is extremely committed to funding this project, proven by Air Chief Marshall Binskin. He completely avoided talking about the infrastructure of the submarines, due to its large scope. The Finical Review, has stated themselves there have been a great sense of refusal to take any sense of ownership over the evaluation process. This seemingly seems to determine on not to build the Submarines. All this has caused a large lot of doubts of the Federal Government, from the general media. Creating doubt over the sustainability of the …show more content…

The cons against the construction of the Australian Navy’s of submarines is that Britain does not want Submarines to be built in Australia. Building in Australia is not the most cost effective thing. ASC has had a bad track record in the past. The Pros on why they should build the subs are as the following. Submarines are important as they are protectors of trade routes and exports. As brought up earlier, the construction of the Submarines could create about 3000 Jobs. Which is good for South Australia. As it’s facing its crisis in unemployment. Creating Job security. Lastly, we truly don’t know what japans capabilities are, so it is better to be safe. When considering the nature of the cost over the agreement, of South Australia, it is one complicated situation. $50 billion sounds extreme, especially when you consider just how much Australia is in debt. To be more specific it’s 300 Billion as of May 2012. This really begs the question as to if we can afford the submarines. (Australia's Government Debt is expected to Rise to $573 Billion over the next Decade – Business Insider. 2015). Thus concluding the analysis of cost. Ultimately the major benefit of this agreement is the potential of both protection in the Australian Market and the possibility of the increased jobs coming from

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