China's Landbridge Plans Sale of Darwin Port Lease

The Port of Darwin, leased by the Chinese company Landbridge, is facing scrutiny amid reports of financial distress within the parent company, which has defaulted on loans. Despite media speculation about a potential forced sale of the port, Landbridge asserts that it is not on the chopping block. Senator James Paterson, a critic of the port's ownership since its approval by the LNP government in 2015, has called for the Albanese Government to reconsider its position regarding foreign control of critical infrastructure. His contradictory statements have drawn criticism, suggesting a politically opportunistic stance rather than a genuine concern for national interests. The situation highlights broader tensions surrounding Chinese investments in Australia and the implications for national security. As debates continue, the future of the port remains uncertain amid calls for a reassessment of foreign ownership policies.