Senate debates Bills

Banking Amendment (Covered Bonds) Bill 2011; Second Reading


Chris Evans

Chris Evans WA, Australian Labor Party, Leader of the Government in the Senate

The Minister for Defence has provided the following answer to the honourable senator's question:

Approved funding for the Future Submarines Program to date is as follows:

December 2008—$4.670 million;

October 2009—$10.840 million; and

June 2010—$4.026 million.

Out turned to a February 2011 price basis the total approved funding is $19.522 million.

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