This Sunday, 60 Minutes will provide a comprehensive look at issues impacting both national security and individual livelihoods.
With a staggering investment of $368 billion, Australia’s decision to acquire a fleet of nuclear-powered submarines is under scrutiny. As part of the AUKUS security pact, the nation aims to flex considerable military muscle. Politicians argue the strategic move is priceless in achieving regional stability.
However, China stands opposed, raising questions about the acquisition’s actual effectiveness in ensuring peace.
This Sunday, 60 Minutes will offer viewers an exclusive look into these state-of-the-art submarines.
Reporter Amelia Adams gains unparalleled access, courtesy of the U.S. Navy, to the Virginia Class USS North Carolina. The episode promises to shed light on what exactly Australia will receive for its massive financial commitment.
The second story for the evening shifts the focus from military might to economic woe. The majority of Australians have felt the pinch in the last year due to cost-of-living pressures.
There was a glimmer of hope last Wednesday as the latest inflation data came in lower than anticipated, potentially sparing the nation from a 13th interest rate hike under outgoing Reserve Bank governor Philip Lowe.
But as Tara Brown will report, financial analysts suggest much of this economic stress could have been sidestepped. The episode will probe whether policy missteps have contributed to the hardship experienced by countless mortgage holders and renters.
