Earlier this month Prime Minister Morrison joined with Prime Minister Johnson and President Biden to announce the creation of a new security partnership between our three nations - to be known as AUKUS.
We have joined in a next generation partnership, built on a strong foundation of proven trust.
Our three countries have always believed in freedom, the respect for human dignity, the rule of law, the independence of sovereign states and the peaceful fellowship of nations.
Our world is becoming more complex, especially here in the Indo-Pacific.
To meet these challenges, to help deliver the security and stability our region needs, we must now take our partnership to a new level.
A partnership where our technology, our scientists, our industry, our defence forces are all working together to deliver a safer and more secure region.
The first major initiative of AUKUS will be to deliver a nuclear-powered submarine fleet for Australia.
We will now work together to seek to determine the best way forward to achieve this.
We intend to build these submarines in Adelaide, in close cooperation with the United Kingdom and the United States.
This announcement means our shipbuilding program will continue to deliver thousands of local jobs for our state.
In addition, the Morrison Government has also announced that South Australia will continue to be the home for the Collins class submarine full-cycle docking, supporting 1,300 jobs at Osborne, and Australia's Hobart class destroyers will undergo their combat system upgrade at Osborne from 2024, creating a further 300 new jobs.
This is a huge win for local jobs here in South Australia.
While all South Australians should welcome the news of these additional jobs, the AUKUS alliance is about much more.
Australia has a long history of defence cooperation with the United States and the United Kingdom. For more than a century, we have stood side by side with Britain and America for the cause of peace and freedom.
AUKUS, is the ANZUS alliance for our times. It's an alliance with far greater ambition than the defence of any one nation.
It's an alliance to defend freedom, sovereignty, the rule of law and peace across the Indo-Pacific.
Together, we have recommitted ourselves to this cause and I for one feel much safer because of it.