Foreign ownership is killing Australia
by Alison Ryan
In World War II, UK, USA, and Soviet Russia, teamed up as the Axis powers against Germany. Soviet Russia was then under Stalin’s international Marxist–Leninist movement.
In the end, UK and USA were outwitted by Stalin, and condemned Eastern Europe to years of Soviet domination.
Likewise, almost solely responsible for China’s ascendant rise as a world power came from the impact of the Rockerfeller/ Trilateral Commission policy of 1979. The West aided the technocratic development of Communist China.
China has become a super power. And the globalist policies have come back to bite us in Australia.
It is the AUSTRALIAN politicians who have sold Australia out to overseas buyers with the help of corporations.
How can we as Australians complain about China when politicians have endorsed and mismanaged our economy? How can this be restored? Surely we can negotiate with diplomacy and good will towards our neighbours?
We need to have dedicated politicians loyal to Australia’s sovereignity in Parliament, and good economic advisers.
In October 2015, the Chinese-owned Landbridge Group won the bid for a lease of Port Darwin. The then COUNTRY LIBERAL – controlled Northern Territory Government under then Chief Minister Adam Giles granted the company a 99-year lease for A$506 million
China Investment Corp owns 14 per cent of the East Link Freeway in Melbourne and 20 per cent of the Port of Melbourne.
The Port of Newcastle was owned since 2014 by China. It has been privately owned since 2014 by The Infrastructure Fund and China Merchants Port Holdings Company (CMPorts).
WHICH COUNTRIES INVEST IN AUSTRALIA?
The United States and United Kingdom are the biggest investors in Australia, followed by Belgium, Japan and Hong Kong (SAR of China).
China is our ninth largest foreign investor, with 2.0 per cent of the total. However, the levels of Hong Kong (SAR of China) and Chinese investment in Australia have grown significantly over the past decade.
What Australian companies are owned by China?
Construction and materials
Atlas Arteria, roads and infrastructure.
Leighton Asia (ASX: CM), infrastructure contractor.
Lendlease (ASX: LLC), infrastructure.
Woods Bagot, architecture consulting.
Source: Australian companies in China – Wikipedia
IN THE DECADE TO 2020 – according to ATO Register of Foreign Ownership of agricultural Land. Foreign ownership of land in Australia shows 26.2% is in Tasmania, NT has 25.8%, WA has 17%, Qld has 11.8%, NSW has 5.1%, Vic has 5.6%, SA has 10.7%
Global investment powers Australian mining, manufacturing and finance. Some figures of
Foreign Direct Investment (FDI):
35.3% of FDI (worth A$360 billion) is invested in our mining industries.
12.9% of FDI (worth A$131 billion) in invested in Australian manufacturing.
11.1% of FDI (worth A$113 billion) is invested in financial services and insurance.
The European Union (EU) and North America have contributed almost half of all the FDI to arrive on Australian shores over the past decade.
The UK remains a major investor in Australia. Japan and the UK have jostled for second place over the past decade.
China is now Australia’s sixth largest direct investor .
FDI from other Asian economies in the decade to 2020 show:
investment from ASEAN countries (including Singapore) rose by 9% per year
investment from Hong Kong by rose by 10% per year
investment from Korea rose by 15% per year.
FOREIGN HELD WATER ENTITLEMENTS
About 10.9 per cent of water entitlements on issue in Australia were owned by foreign persons (as defined in the Foreign Acquisitions and Takeovers Act 1975) at 30 June
By country, the top three sources of investment at 30 June 2020 were:
• Canada, with 1.8 per cent of the total volume of Australian water entitlements
(16.2 per cent of the volume of foreign-held water entitlements)
• China, with 1.7 per cent of total entitlements (15.4 per cent by volume)
• USA, with 1.7 per cent of total entitlements (15.4 per cent by volume).
Source: Inquiry Report – Register of Foreign owned Water Entitlements
Canada is the foreign nation that holds the most overseas-owned Australian water, ahead of China, USA and the UK. Water is able to be owned because the water reforms over the past 30 years have supported the development of markets for water.16 Aug 2021
China owns 1.9 per cent of Australia’s water, which is the equivalent of one and a half Sydney Harbours worth (pictured on June 20).
Just over half of all water entitlements on the issue in Australia are located in the Murray-Darling Basin. Of this, 9.4%, or 1800GL, are foreign-owned.