Australia to pay UK nearly $5 billion in AUKUS deal

Sky News Political Reporter Cam Reddin discusses the latest major announcement regarding the AUKUS deal. Australia is set to pay the UK nearly $5 billion to build the nuclear reactor part of the submarines. Mr Reddin said it’s “important” to remember the context behind the move. “In recent weeks the United States has made a decision to scale back its big picture production of submarines,” he told Sky News host Erin Molan. “It’s still a little bit unclear exactly what that will mean for the long-term vision of Australia acquiring submarines.”