this post was submitted on 05 Apr 2025
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Australia seeking to buy back Port of Darwin from Chinese firm, says PM (www.straitstimes.com)
submitted 2 weeks ago by Hotznplotzn@lemmy.sdf.org to c/world@quokk.au
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Cross-post from https://lemmy.sdf.org/post/32157648

Australian Prime Minister Anthony Albanese has indicated he would look to buy back the Port of Darwin from Chinese company Landbridge under a re-elected Labor government, the most significant move yet to bring the strategic asset once more under Australian ownership.

Mr Albanese said in an interview with the Australian Broadcasting Corp radio on April 4 the port needs to be “in Australian hands”, including the possibility that a private buyer would be sought to take control.

“We will enter into negotiations to do that,” Mr Albanese said. “That is what we’ve been doing informally through potential buyers up to this point already, and if it reaches a point where the Commonwealth needs to directly intervene, then we’d be prepared to do that.”

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[–] WhatAmLemmy@lemmy.world 13 points 2 weeks ago (1 children)

Want it a fucking 50 or 100 year lease though?

Whoever sells this shit off to foreign interests should be in investigated. I have zero doubt there were bribes.

[–] pHr34kY@lemmy.world 14 points 2 weeks ago (1 children)

Yeah. It was a 99 year lease.

What's crazy is that I think we took all the money upfront and spent it in a week like a fucking junkie.

[–] AllNewTypeFace@leminal.space 5 points 2 weeks ago

Hey, the voters won’t bribe themselves, you know