McKinsey submarine contract surfaces under firm’s China cloud


Joseph Brookes
Senior Reporter

Australia’s fledgling submarine agency has turned to McKinsey to finish off its industry plan, handing the controversial consultancy more than $43,000 a day as the government runs up against AUKUS deadlines.

McKinsey has been brought in on a $9.5 million deal 18 months after the Albanese government announced it would deliver a comprehensive AUKUS Submarine Workforce and Industry Strategy to support its commitment to a 20,000 strong workforce over 30 years.

As the firm’s work gets going in Australia it is facing serious allegations in the US and calls to review its eligibility for government work there after it allegedly failed to disclose conflicts of interest with China.

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