Australia to spend $4.6 billion to boost AUKUS subs build

Defence Minister Richard Marles welcomes UK counterpart Grant Shapps and David Cameron. Video via AAP.

Transcript

00:00 I think what this meeting demonstrates is that we are coming to a moment in our respective

00:06 journeys where there is now a strategic and security dimension to our relationship, which

00:11 is really making it very intemperate.

00:13 I think we both felt that last year when we did Auckland in Portsmouth.

00:18 There is a contemporary relevance to this relationship which is really, really important

00:23 in what is an increasingly challenging world.

00:27 So we really look forward to the conversations that we are going to have here today.

00:31 I've said this a few times, I think an old friend who we've met again at a bar discovered

00:36 that there is a lot that we can do together.

00:38 So we look forward to that.