Darwin port sold ... and Tasmania's largest dairy

Talk about bungled boat ramps, net buybacks, marine no-go zones, mining disasters etc here.
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Hemi
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Re: Darwin port sold ... and now our largest dairy

Post by Hemi »

Struth....what a load!

Even the topic heading is inaccurate.


"Bite off more than you can chew - Then chew like hell.." - PETER BROCK.
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Matt Flynn
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Re: Darwin port sold ... and Tasmania's largest dairy

Post by Matt Flynn »

Now they are giving 2.9ha of waterfront land to Landbridge for a hotel ... http://www.news.com.au/national/norther ... dbce9a9737

Looks like the casino has some stiff competition on the way. Hopefully the casino will keep supporting Million Dollar Fish :catch:

Offering free land may be good for business in Darwin, eg creating work for tradies, and for that reason the people will love it.

But how can other hotel/accommodation operators compete with a company that has been subsidised with 2.9ha of free waterfront land?

Consider ... if you owned a mechanical workshop, and the government gave a free parcel of land to a foreign-owned company to build another bigger, better mechanical workshop next door, you wouldn't be real happy.

In fact, you would probably go broke ...
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Matt Flynn
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Re: Darwin port sold ... and Tasmania's largest dairy

Post by Matt Flynn »

http://www.news.com.au/national/breakin ... 56481c6bfa

If the South China Sea problem does blow up, the Chinese ownership of Australian assets will become instantly interesting.
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Re: Darwin port sold ... and Tasmania's largest dairy

Post by Matt Flynn »

Looks like everyone is happy with the hotel plan ... http://www.news.com.au/national/norther ... 1f89eaa21b

Would have been good to see an Aussie company do it, why are there no Aussie companies putting their hands up?
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Re: Darwin port sold ... and Tasmania's largest dairy

Post by Matt Flynn »

Carlton Hill Station, WA, was recently sold to Chinese interests, as per another post on FFF.

As was the NT's Wollogorang Station a while back ... http://www.abc.net.au/news/2015-07-16/c ... on/6623806

And the NT's Elizabeth Downs ... http://www.abc.net.au/news/2014-11-06/s ... ns/5869548

And the Port of Darwin.

And Tasmania's largest dairy.

And a fair bit of Sydney and Melbourne.

In some areas Aussie house prices have been pushed past what many Australians can afford, presumably by foreign investors.

Interesting times? Or not?
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dannett
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Re: Darwin port sold ... and Tasmania's largest dairy

Post by dannett »

Well, it looks like we might soon be leasing 20% of the Darwin Port back off China as no other Australian company thought it was a good deal.

http://www.abc.net.au/news/2017-04-18/nt-government-negotiations-underway-to-retain-stake-darwin-port/8451786?WT.ac=statenews_nt

Australia... the bl..dy smart country.
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