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3w ago

Australian Government Moves to Reclaim Chinese-Leased Port of Darwin

Prime Minister Albanese and Opposition Leader Dutton pledge to terminate Landbridge Group's lease, citing national security concerns ahead of the federal election.

Imported cars are lined up at the port in Darwin, northern Australia, April 21, 2017. Picture taken April 21, 2017. REUTERS/Tom Westbrook
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The Darwin port from an aerial view.
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Overview

  • Prime Minister Anthony Albanese has announced plans to end Landbridge Group's 99-year lease of the Port of Darwin, describing the port as a critical strategic asset.
  • The Coalition, led by Peter Dutton, has also committed to reclaiming the port, proposing compulsory acquisition if private negotiations fail.
  • The Albanese government has been informally negotiating with potential Australian buyers, including superannuation funds, to take over the lease.
  • Landbridge Group has reiterated that the port is not for sale, framing it as a long-term investment and complicating the government's efforts.
  • The lease, established in 2015, has faced criticism over its proximity to military facilities and concerns about Chinese intelligence-gathering.