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4w ago

Australia's Leaders Commit to Ending Chinese Lease of Port of Darwin

Prime Minister Albanese and Opposition Leader Dutton pledge to return the strategic port to Australian control, with differing approaches to achieving this goal.

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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A Darwin port sign in English and Chinese characters. Prime Minister Anthony Albanese said the port needs to be in “Australian hands.” Photo: Shutterstock

Overview

  • Both major political parties, Labor and the Coalition, have vowed to end the 99-year lease of the Port of Darwin held by Chinese-owned Landbridge Group.
  • Prime Minister Anthony Albanese announced plans to negotiate with Australian superannuation funds for the port's transfer, emphasizing its strategic importance.
  • Opposition Leader Peter Dutton proposed compulsory acquisition of the port within six months if a private buyer cannot be secured under a Coalition government.
  • Landbridge Group has reiterated that the port is not for sale and confirmed no discussions with the Australian government have occurred.
  • The port's proximity to military operations and its role in Australia's defense and economic strategies have made it a focal point in the ongoing federal election campaign.