Australia faces a period without deterrence capability before submarines arrive, an institute warns. Photo: Colin Murty/AAP PHOTOS

Australia could face conflict long before the delivery of nuclear-powered submarines, say experts warning the nation to evolve its defence strategy.

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The Australian Strategic Policy Institute says Australia must adapt to manage a "looming period of strategic risk" ahead of the first submarines arriving in the early 2030s.

Australia is set to purchase Virginia-class submarines from the United States from early next decade, before a class of nuclear vessel

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