Back in 2015, when the Northern Territory government sold a 99-year lease for the Port of Darwin to Chinese firm Landbridge Group for 506 million Australian dollars ($391 million), Australian . Criticisms of the Northern Territory Government's decision to lease sections of Darwin Port to Landbridge, a Chinese company, have come from two main sources—US commentators who see an opportunity to drive a wedge between Australia and China, and from Australian sources overstating the . It's been six and a half years since Chinese-owned company Landbridge signed a 99-year lease for the . Successive governments believed the port held the cure to the NT's economic maladies and that if it could be expanded and maintained, it would . Former PM Kevin Rudd says he expects the federal government will "tear up" the 99-year lease of Darwin Port given to Chinese company Landbridge, due to the political damage it is doing to Prime . "Yet the LNP were so stupid that they went into the next election advocating the sale of our assets to big foreign corporations. Yesterday, together with my colleague Minister for Aboriginal Affairs. The Port of Darwin was controversially leased by the Giles government in 2015, to Chinese company Landbridge. The town's growth was accelerated when gold was discovered at Pine Creek in 1871. PORT RORT: Josh Frydenberg has set aside $2 billion (+ $5 billion) to build a new Darwin port because the Morrison Government sold the existing one to China. The Port of Darwin has been sold on a 99-year lease for just over half a billion dollars, according to Northern Territory chief minister Adam Giles. A consortium of global and domestic funds, backed by investors including China Investment Corp, agreed to buy Australia's busiest port for a higher-than-expected A$9.7 billion ($7.3 billion), a . The Port of Darwin's 99 . Advertisement. A month after buying the Port of Darwin its new Chinese owner Ye Cheng made a surprising admission. Following the sale of the Port of Darwin to a Chinese corporation, Mr Katter will . A map of the Port of Darwin, which was controversially leased for 99 years to a Chinese company. The second most important factor in public opinion was the length of the lease. The port of Darwin was leased to the private Chinese company, Landbridge in 2015. April 22, 2021 - 11:13AM. Darwin, Northern Territory has operated in a number of locations including Stokes Hill Wharf, Cullen Bay and East Arm Wharf. "There are literally thousands of these cases to look at and the foreign . (1919) For other ships with the same name, see SS Portmar. Federal Government to spend $1.5 billion on new port in Darwin. Putting that finding in the context of the Darwin Port deal, the Northern Territory Government sold an 80 percent stake to Landbridge—so in line with this research, this is a likely reason for many Australians expressing concern. The ship was built to Design 1013, as part of wartime orders by . The Defense Department is to advise on the security implications of the lease, granted by the Northern Territory (NT) government in a $500 million highly controversial deal in 2015. (9News) The federal opposition will seek a full briefing on the Defence review. Updated May 21, 2022, 5.03pm. We told you so: Senior ministers have confirmed the federal government is exploring building a new port in the Northern Territory that could also have military uses after ruling out terminating the lease of Darwin Port to a Chinese-owned company. Darwin Port had been a drain on the coffers of the Territory Government so when Landbridge came along in 2015 with half a billion dollars . THE Federal Government failed to properly assess the Chinese-owned company leasing the Darwin Port before signing off on the deal, the head of the Australian Strategic Policy Institute claims. The communist nation of 1.4billion owns an airport in Western Australia, nine million hectares of Australian land, several wind farms and even the Port of Darwin, a key strategic asset. Arrest port employees for stalking . having repaired the port's . The AIM Network ; By Dr Strobe Driver. The Morrison government has asked the Department of Defence to review the Northern Territory's 99-year-lease of the Port of Darwin to the Chinese-owned company Landbridg e - a deal that has . In 2015, the Northern Territory government announced that Chinese company Landbridge had been awarded a 99-year lease of Darwin port in a $500 million deal. The Committee shall inquire into and report on the Port of Darwin lease model proposed in the Port of Darwin Bill 2014 (serial 111) and recommend options to enhance the model to ensure that the chosen partner: (a) has a vision for growth and development of the port which is aligned to . Taking back control of the Port of Darwin from a Chinese company looms as a test of whether the Morrison government is serious about upholding Australian sovereignty, a Liberal senator has warned. "In Queensland, the biggest landslide in the State's history occurred because the assets were sold by the ALP Government. Defence Minister Peter Dutton says the government will have more to announce on a new Darwin port after concerns over a Chinese lease on the current facility. It is not something that the federal government had any power to prevent or stop. A Select Committee on the Port of Darwin be appointed. Already Australia's largest live cattle export port, it needed upgrades to realize the dream of a port to complete the link between Asia, Darwin and southern States. Our Government is making doing business in the Territory easier for EVERYONE. 2. The Northern Territory government's deal in 2015 to sell a long-term lease to the Port of Darwin to Chinese firm Landbridge Group has been criticized by security experts. The defence department is to advise on the security implications . The port of Darwin was leased to the private Chinese company, Landbridge in 2015. Darwin, 2024. The Darwin Port lease: setting the record straight. Of interest is that the NT government still owns an initial 20% stake in the port, but Landbridge Group is able to seek Australian companies interested in the port to acquire . The new plan comes after the state government effectively sold the city's existing port to a Chinese-owned company for a little over $500 million in 2015 . Darwin was granted city status in 1959 due to an extensive increase in population and economic growth. The Port of Newcastle, the world's biggest coal port, was handed over to a Chinese-backed consortium for 98 years for $1.75 billion when Mike Baird was NSW Premier in 2014. Portmar was a United States-flagged merchant vessel that was constructed in response to World War I, operated by a succession of companies in the interwar period, then taken up for wartime shipping in World War II. 31. "Oh, that was like 7 years ago," said Dutton about Former Trade Minister Andrew Robb's advocacy to give Chinese company Landbridge a 99-year lease to the Port of Darwin. The decision means the . 31. This comes despite the fact they sold one of our most strategically positioned ports to a Chinese company with close links to the Chinese Communist Party in 2015. That's a question posed by the government's review of the Chinese company Landbridge's 99-year lease of the Port of Darwin. In 2015, a 99-year lease was granted to the Chinese-owned Landbridge Group, a transaction that has since ignited significant national security concerns. China's 'warning shot' over Darwin port lease. The 99-year lease of the Darwin Port to Landbridge raised the ire of the United States in 2015. . Defence Minister Peter Dutton says the government will have more to announce on a new Darwin port after concerns over a Chinese lease on the current facility. In November 2015, the Northern Territory government decided to lease the Port of Darwin (pictured) to a Chinese company for 99 years. The conglomerate took an 80% stake in . The Federal Coalition Government didn't sell the port though, the NT CLP Government leased Darwin Port to Landbridge on a 99 year lease. Lower speed limits on roads and water near the port. The sale of Darwin's commercial port to a Chinese firm with military ties has prompted a flurry of diplomatic conversations between Canberra and Washington, which regularly rotates hundreds of . For over 30 years territory governments unsuccessfully reached out for federal government funding. Australian taxpayers forked out almost $20 million as an incentive for the Northern Territory to sell the Port of Darwin to a Chinese company, sparking Labor to claim . A Northern Territory minister says the federal government should pay for the Port of Darwin lease deal if they decide to scrap it over national security concerns . The Northern Territory government in 2015 . The federal Labor MP for Spence in Adelaide, Nick Champion . Recently on the ABC's Lateline,[1] Adam Giles the Chief Minister of the Northern Territory (NT) explained the reasons why the lease of the Port of Darwin—to a Chinese company, Landbridge Group—took place.And while the 'deal has delivered the NT government a half-a-billion-dollar windfall, the port's privatisation has raised anxieties about . Labor MP Luke Gosling says the 99-year leasing of the Port of Darwin to Chinese investors in 2015, was a result of "a combination of errors", but ultimate responsibility rests with the then . The sale of the Port of Darwin to a Chinese-owned company will be scrutinised by a parliamentary inquiry, with one Liberal senator saying the Morrison government's new foreign veto . 2:24pm Mar 18, 2021. Darwin was originally founded as Palmerston in 1869, although the port was always known as Port Darwin. A Northern Territory minister says the federal government should pay for the Port of Darwin lease deal if they decide to scrap it over national security concerns. "From the Greek Port of Piraeus, sold to the Chinese state-owned enterprise COSCO for a 51 per cent stake, Hambantota Port in Sri Lanka, ceded to the Chinese Government—along with 15,000 acres . That's a question posed by the government's review of the Chinese company Landbridge's 99-year lease of the Port of Darwin. Already Australia's largest live cattle export port, it needed upgrades to realize the dream of a port to complete the link between Asia, Darwin and southern States. The Port of Darwin has recently been used as an example of Australia's over dependency on China, with some politicians calling for the government to back out of the deal. Speaking to news.com.au, ASPI's Dr Coyne said China's wrath over the ending of Victoria's BRI deal was a touch hypocritical on its part. In 2015, the Northern Territory government signed a deal of AUS$506 million (approximately $390 million) and leased out the port to Chinese firm Landbridge for 99 years. . The corridor is used by The Ghan passenger train and freight trains operated by One Rail . . The Port of Darwin has been sold to Chinese petrochemicals and port operator Landbridge Group for $506 million, beating bids from Port of Brisbane and Colonial First State for one of the last . Defence. (Supplied: NT Government)A special selection committee was struck that would have oversight of the entire process and . Next century — on November 15, 2114 — the Darwin Port is due to return to Australian hands. "Although the upfront cash proceeds are compelling, reflecting the strong interest in the port from potential investors, my Government has always said that this transaction is about growing . A new Darwin port industrial hub spruiked by the deputy prime minister could have severe impacts on human health, a Northern Territory government environmental report says. Just over three years into a 99-year lease of Darwin Port, the $506 million paid to the NT Government has been spent. 1. Increase safety inspections on the port facilities. Introduce a 3×3 style port levy. . In what appeared as an offhand remark, the founder and chairman of the Shandong Landbridge Group . Adam Giles's government made little secret of its intention to lease the port of Darwin. #auspol "It's a major strategic asset which the Government allowed to be sold off just one year ago Many of you asked whether the decision could be reversed and what role — if . "There has been pressure on Australia to revoke that deal because it's seen to clash with US interests." 'Economic coercion' Back in 2015, when the Northern Territory government sold a . . For years, the NT had lobbied the Commonwealth to invest millions in developing the rinky-dink Darwin Port that was only turning over a few million dollars annually in cattle, mining and gas interests. The NT CLP Government did this (alongside selling TIO, and reducing the size of the NT Public Service) due to a dispute in funding cuts from the Federal Coalition Government that rendered the NT $400 M a year worse off from reduced redistribution of GST revenue. This is after the Coalition government sold the Port of Darwin for $506 million in 2016 to a Chinese-controlled company, Landbridge. Australian defense officials are reviewing whether a 99-year lease granted to Shandong Landbridge Group in 2015 to operate Darwin Port—in exchange for 506 million Australian dollars, or about . Well, the Port of Darwin was sold by the former Territory government here in the Northern Territory. The new plan comes after the state government effectively sold the city's existing port to a Chinese-owned company for a little over $500 million in 2015 - a decision ultimately backed by the . Port Barnaby is a quid pro quo of sorts for lending his National Party's support to the Morrison government's emissions policy. Washington has long . Independent Senator Jacqui Lambie says it is in the national interest for the federal government to next scrutinise the Port of Darwin deal with China. Controversial decision to hand Darwin to Chinese company. Image: Getty</p> We're yet to see media scrutinise this reckless blunder, or any of the usual suspects ask 'can we afford this'. . Rezone the port land. A former US Deputy Secretary of State, Richard Armitage, is "stunned" that Australia blindsided the US on a decision to sell the Darwin Port to a Chinese company with alleged links to the People's . But the transaction to a Chinese company sparked a diplomatic incident in late 2015, in particular . Deputy Prime Minister Barnaby Joyce has seemingly announced $1.5 billion to build a new port in Darwin which he said would include infrastructure such as a wharf, an offloading facility and dredging of the shipping channel, to boost the region's importing and exporting ability. On 16 November 2015, Darwin Port was established as the business name that represents Darwin Port Operations Pty Ltd and Darwin Port Pilotage Pty Ltd (Darwin Port, 2016). SBS TV | SBS Radio | SBS On Demand, news, sport, food, movies The Federal Coalition Government didn't sell the port though, the NT CLP Government leased Darwin Port to Landbridge on a 99 year lease. The Chinese owner of the Port of Darwin has suffered a double blow after the Northern Territory reclaimed land earmarked for a luxury waterfront hotel and Panama's government cancelled a lease . Port Darwin is the port in northern Australia. The Federal Government should consider scrapping a long-term lease of the Port of Darwin to a Chinese company if it threatens the national interest, a parliamentary committee . In October 2015, the Northern Territory government, led by the Country Liberal Party, sold a 99-year lease over land and operations of the Port of Darwin for $506 million to Landbridge Group, the . The $506m deal, resulting from a tender process begun in 2014, gives the Landbridge Group 100% operational control of the port and 80% ownership of the Darwin port land, facilities of East Arm . After the federal government introduced legislation which enabled it to repeal Victoria's Belt and Road deal with China, the Port of Darwin was "the next tar. The CLP privatised Darwin Port along with other publicly owned assets. The NT CLP Government did this (alongside selling TIO, and reducing the size of the NT Public Service) due to a dispute in funding cuts from the Federal Coalition Government that rendered the NT $400 M a year worse off from reduced redistribution of GST revenue. In his home town of Rizhao, the Chinese businessman who paid $506 million to lease Darwin's port, is known as the "invisible billionaire".. It invites reflection on the wisdom, three years ago, of the Northern Territory government deciding to lease the Port of Darwin (now known as Darwin Port) to a Chinese company for 99 years - and . In 1911, the budding young settlement was renamed Darwin. Despite owning a petrochemicals plant, bulk commodities . For over 30 years territory governments unsuccessfully reached out for federal government funding. Portmar. Port of Darwin lease with Chinese company could be torn up by government; This deal and the sale of Territory Insurance Office have been criticised because they were sold . The Northern Territory government signed a 99-year lease for the Port of Darwin to a Chinese-owned company in 2015. . A range of options for the future of the port, which was sold to Chinese government-owned Landbridge group in 2015 for $506 million, have been canvassed in recent months. The Northern Territory government signed a 99-year lease for the Port of Darwin to a Chinese-owned company in 2015. The Northern Territory government has signed a $506m agreement with a Chinese based group for a 99-year lease of the Darwin port, but the union has expressed outrage at a lack of . In 2015, Landbridge won the right to operate the Port of Darwin in Australia's Northern Territory for 99 years with a bid of A$506 million ($391 million). The Adelaide-Darwin rail corridor is a 2,975 kilometres (1,849 mi) series of south-north transcontinental railway lines in Australia, between the cities of Adelaide and Darwin.Built in stages in the twentieth century, the corridor was completed in 2004 when the Alice Springs to Darwin line opened. Defence experts have blasted Landbridge's ongoing ownership of Darwin Port, saying . Australia's department of defence is reviewing whether to scrap a contentious lease to a Chinese company of Darwin port, which is located close to a US Marines base.
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