I thought nuclear armed subs were essentially a first strike weapon. They can hide just offshore of the target, reducing warning time to a few minutes.
ICBMs are just as effective for retaliation, and much cheaper. They can be mobile and so hard to destroy. The problem is they take much longer from launch to arrival and give the target nation time to react to an attack.
But we aren't giving the Aussies nuclear bombs are we? We are just giving them nuclear powered subs.
I was more intrigued by the idea of nuclear powered container ships.