The 99-year lease of the Port of Darwin by Chinese company Landbridge will remain in place after security agencies found systems existed to manage the risk.
Defence experts have criticised a decision to leave a Chinese company’s 99-year lease of the Port of Darwin in place, warning that it leaves investment decisions on critical national infrastructure in the hands of a potential foreign adversary.
It concluded “there is a robust regulatory system in place to manage risks to critical infrastructure, including the Port of Darwin” and that “existing monitoring mechanisms are sufficient and will be ongoing”.“Monitoring of security arrangements around the Port of Darwin will continue. Australians can have confidence that their safety will not be compromised, while ensuring that Australia remains a competitive destination for foreign investment.
Opposition shadow home affairs minister James Paterson said that in opposition, Albanese had called the lease of the Port of Darwin “a grave mistake”. Coyne said the issue with the Darwin port lease was not that it could open the door to spying but that the Landbridge lease left “future development in the hands of Landbridge and I don’t think their interests will align with ours”.
James said the agencies “kept investing straw men arguments against terminating the lease, but never address the actual problems”.
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