05/20/2017: According to a video and text released by the Australian Department of Defence:
The Naval Shipbuilding Plan released on 16 May 2017 outlines the Government’s vision for the Australian naval shipbuilding enterprise and the significant investment required in coming decades.
The Australian Government is laying the foundations for an Australian-wide naval shipbuilding enterprise, ending the boom-bust cycle that has afflicted the Australian naval shipbuilding and sustainment industry.
This will provide certainty to local businesses and shipbuilding workers.
Modernisation of our naval forces is a complex, national endeavour aimed at building and sustaining Australia’s naval capabilities, creating economic growth through maximising Australian industry involvement, and securing Australian jobs for future generations
Australian Department of Defence