Honestly, if Arthur hadn't known about Germany's fate, he would have agreed to William II's terms very simply.
Although there is a lot of equipment from the United Kingdom, it would take at least ten years for Australia to develop a complete industrial system.
But with Germany's help, this time can be shortened infinitely, and Australia's industry could even undergo earth-shattering changes every year.
In terms of industry, Germany definitely has the strength to compete with Britain, and even if it had the same amount of colonies as Britain and France, Germany's industrial strength could confront the United States.
Seeing Arthur hesitating, William II continued to laugh and said, "If Arthur thinks this is not enough, Germania can also provide Australia with over 500 million marks of low-interest loans and send industrial experts to Australia to help you build a complete industrial system."