Stop Selling Australia Off Pamphlet
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Download our PDF pamphlet here: Stop Foreign Ownership Pamphlet
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Stop Selling Australia
Australia’s current combined AFI and national debt has reached an all time crisis of 1 trillion dollars and climbing daily. This debt crisis has occurred under the leadership of the Liberal, Nationals, Labor and Green parties since the 1980s.
Recently there has been a massive sell-off of Australia’s farms, real estate and sensitive public assets including ports and other critical infrastructure such as our electricity and gas networks.
Why are we selling off our assets when we should be investing back into Australia’s future in order to safeguard it?
Many foreign countries with huge emerging middle-class populations are buying our prosperous farms to access our clean, green food but this will be at the expense of our own food and water security.
Australia’s debt clock counting our debt in real time: http://goo.gl/ZMS0GN
China holds around a third of the $400 billion worth of Commonwealth Government Securities, semi-government bonds and sub-sovereign bonds held offshore. RBC Michael Turner Sydney-based fixed income strategist
Australia once had a thriving manufacturing industry producing quality products to export world-wide. Many of our manufacturing businesses have now been sold to foreign corporations and moved offshore for cheaper production costs.
RM Williams started his iconic company in 1930. Sold in 2013 to fashion giant Louis Vuitton for $100m.
Bonds founded in 1915 by George Alan Bond. Manufacturing moved to Indonesia in 2013; 295 F/T positions made redundant. (Pacific Brands cut 1850 jobs to send manufacturing overseas.)
Once thriving car manufacturing industry:
Ford – Closing down their plant 7/10/2016.
Toyota and Holden closing down at the end of 2017. Loss of jobs in the car industry and other commercial enterprises approx 200k jobs and $24 billion in revenue by 2020.
Iconic Blundstone Boots established in 1870, Moonah Tas. Manufacturing sent to India and Thailand to cut costs.
Golden Circle sold to Kraft/Heinz (USA) in 2009. Loss of 344 jobs in Qld and 184 jobs in NSW. Moved to NZ to manufacture.
Electrolux also known as Emmco and Email: The Orange factory closed 10/4/2016, after 70 years of manufacturing (Investor AB, Sweden); jobs sent to Thailand. Loss of 500 Australian jobs.
SPC closed cannery 2011 Owned by Coca- Cola Amatil (USA). Loss of 160 jobs, moved to NZ to manufacture.
Australia needs to invest in our manufacturing future in order to diversify our industrial and export opportunities.
How do the Trans-Pacific Partnership (TPP) & China-Australia Free Trade Agreement (ChAFTA) benefit Australia?
Will they create more jobs for Australians and support our businesses and manufacturers OR will they rob us of our food security and make us dependent on inferior imported food?
In the last 10 years USA has bought $393b worth and China $181b worth of Australia.
In the last two years China has spent $15.5b, USA $5.5b and Switzerland $15.7b on mineral exploration & development.
Spending on manufacturing in the last two years: China $8.6b and USA $5.0b.
2014/2015 Agriculture/Forestry & Fishing: China bought $2.5b worth and USA $1.0b worth.
Numbers quoted are based on Foreign Investment Review Board annual reports.
457 Work Visa (10-year multiple-entry visas for Chinese)
According to Department of Immigration data there are currently 1.8 mil. temporary visa holders in Australia. Of these, 1.2 mil. have working visas.
167,000 457 visas
160,000 holiday working visas
623,000 New Zealand special visas holders
15 Top Visa jobs Occupations:
Cook, Program or Project Administrator, Developer Programmer, Cafe/Restaurant Manager, General Medical Practitioner, Marketing specialist, University Lecturer, specialist manager, ICT Business Analyst, Mechanical Engineering, Accountant, Management Consultant, Customer Service Manager, Chef, Resident Medical Officer..
Top countries applying for 457 visas: India, UK, Ireland, Philippines, US, China and Canada
The subclass 400 visa is intended for temporary workers who are doing short-term, highly specialized non-ongoing work for 3 to 6 months.
The CHAFTA “opened up more routes for Chinese workers to come to Australia, failed to ensure that jobs would first be offered to Australians and created a system whereby non-compliance with our minimum wages and conditions would become the norm.”
“The CHAFTA prevents labour market testing which means that there is no proper mechanism to determine that a Chinese worker is not replacing local workers in the Australian labour market…” (Dr. Joanna Howe, Senior Lecturer in Law at the University of Adelaide and a Rhodes Scholar). http://goo.gl/OedZ5h
Business Innovation and Investment (Permanent) visa (subclass 888). This visa allows the holder to own and operate a business within Australia. Visa requirements: A nomination by a State or Territory or a recommendation from the Australian Government to hold a provisional Business Innovation and Investment visa subclass 188 and have met the requirements of that visa in the stream in which you first applied.
New student visas subclass 500 available from 1 July 2016 for students and 590 for guardians of children as young as 6 years of age to study in Australia. This will open up our education system to the world, putting our already buckling system under increased pressure. An additional impact will be to increase the already high prices of properties near “good schools” which visa-holders will demand for their children. This will come at a cost to Australian children and Australian families. Australian children may miss out on entry to the school of their choice due to competition from foreigners for a place.
Do Australians want to sell foreigners 100% of our agricultural land?
Should we put a stop to selling off our farms to foreigners?
YOU WILL HAVE NO CHOICE OF AUSTRALIAN OWNED PRODUCE ONCE ALL THE FARMS ARE SOLD TO FOREIGNERS.
Protect our food security. Stop the sell-off.
We cannot allow foreign countries to control our food security. Foreigners buying Australia’s farms could undermine our nation’s interests. Our farms could end up under control of the government of another nation.
A quarter of Northern Territory pastoral lease land is now wholly or partly owned by foreign entities.
Of the 223 pastoral leases, there are now 47 which have some form of foreign ownership, covering a landmass of 149,702 km2.
That equates to 25.1 per cent of the 596,310 km2 pastoral estate, which is 44 per cent of the Northern Territory’s total land mass.
AUSCOTT LIMITED (U.S.) Owned by JG Boswell & Company. Owns and leases significant cotton farming land in the NSW Namoi, Gwydir, Macquarie and Murrumbidgee valleys.
GREAT GIANT LIVESTOCK (INDONESIA) An offshoot of PT Great Giant Pineapple, one of the large pineapple growing and processing company in the world. Willeroo Station, Katherine Northern Territory (2014).
FORSTA AP-FONDA (SWEDEN) Sweden’s pension funds. Invested in 15 rural properties in Australia during 2012, NSW 16,000ha. (2012).
HO MYOUNG FARM (KOREA) Backed by the Korean Young An Group. Owns about 500,000ha around Bourke in western NSW.
FUCHENG GROUP (CHINA) Chinese automotive interior company. Woodlands, Roma Queensland 31,000ha. Purchased in 2015.
TIANMA BEARINGS GROUP (CHINA) Owned by Chinese billionaire Xingfa Ma. Gulf of Carpentaria Qld/ NT border 705,700ha. Bought (2015).
These facts and figures are based on the public sale figures from 2011-16 of farming land only, not including sales of real estate, assets, infrastructure or ports. http://goo.gl/aflC9M
No Farms No Food No Future http://goo.gl/GkYIsA
Our farmers are Australia’s new homeless. Dr David Pascoe asks if there is a plan to move farmers off their land to free it up for foreign mining companies or make newly empty farms available for foreign buyers.
“As outrageous as it might seem, all the evidence flooding in seems to suggest that this is exactly what is going on.”… “Right now, all over the inland of Queensland and NSW, there is nothing but social and financial carnage on a scale that has never before been witnessed in this nation.” Dr David Pascoe, BVSc, PhD OVH Repro.
WE MUST SAVE OUR FARMS AND OUR FOOD SECURITY
QUOTE “By investing in Australian farmland, Chinese businesspeople are also being given an opportunity they do not have in China – the right to own land. This generational benefit cannot be felt in China, as people can only lease farmland for between 30 and 70 years. Imagine being able to pass your land on to your children, their children, and so on. Another opportunity gained is the chance to migrate to Australia – we can help facilitate this process via the agribusiness investment process.”
AusAsia Investment Pty Ltd.
Infrastructure Sold to Communist Chinese State-Owned Enterprises or with links to the Chinese Communist Government
PORT OF DARWIN, NT: Oct 2015. The NT government sold a 99-year lease to Chinese Landbridge Group without scrutiny for national interest by the Foreign Investment Review Board (FIRB). There are alleged links between Landbridge and the Chinese Communist Party. The deal gives the Chinese company 100% operational control of the port and 80% ownership of Darwin Port land. Experts warn that the deal poses a threat to Australia’s national security. The ADF and US Marines conduct joint training exercises nearby. http://goo.gl/0jmPKf http://goo.gl/xadCjo
PORT OF NEWCASTLE, NSW: 50% Chinese state-owned 99-year lease to China Merchants Group; the remaining 50% for sale. http://goo.gl/XY7oi4
AUSGRID, NSW: China’s state-owned State Grid Corporation of China, the world’s largest utility, plans to bid for a 50.4% stake in the NSW state government’s Ausgrid. One of the major subsidiary companies of the State Grid of China is NARI, which is working on China’s satellite navigation system, the Beidou project, which is linked to intelligence collection and is a weapons tracking and targeting system. Beidou is overseen by NORINCO, A PLA-backed weapons develop Another of NARI’s subsidiary companies, Beijing Nari Smart Chip (IP Core) is connected to the PLA’s Information Engineering University. In Dec 2015 NARI signed a contract with Jemena, 60% owned by the State Grid of China to provide cables and overhead conductors in Australia. http://goo.gl/V919go http://goo.gl/XutHJi
JEMENA (SGSPAA), operating in QLD, NSW, VIC AND ACT. Majority-owned by the State Grid Corporation of China (60%) and Singapore Power (40%). Gas pipeline and electricity distribution networks and recycled water transportation. Will build the Northern Gas Pipeline from Tennant Creek NT to Mt Isa, Qld. https://goo.gl/3jps5M https://goo.gl/vtdk8K
PACIFIC HYDRO: Once Australia’s largest renewable energy company. Sold to Chinese state-owned State Power Investment Corporation in Dec 2015. One of the largest acquisitions (worth $2.5 billion) in Australia’s energy sector by a Chinese state-owned enterprise. http://goo.gl/r2fSGB
WHITE ROCK WIND FARM, NSW: NSW’s largest wind farm, a $400 million development to be built-in 2016 by China state-owned Goldwind and China Energy Conservation and Environmental Protection (CECEP) and Wind Power. This will be NSW’s largest wind farm, 100% Chinese government-owned with 119 turbines approved. It is expected to be operating by late 2017. http://goo.gl/x5hGbs
Water Rights:The Federal Government intends to introduce a national register of foreign-owned water entitlements by December 2016. The only official source of data on foreign investment or ownership of water is the Agricultural Land and Water Ownership survey, through the Australian Bureau of Statistics (ABS). The survey revealed that between 2010 and 2013 foreign-owned agricultural water entitlements increased by 55%. http://www.abc.net.au/news/2016-02-23/foreign-water-register-2302/7191992
Airports: Under government regulation foreign ownership of airports is prohibited. There are no significant foreign leases of Australian airports. https://infrastructure.gov.au/aviation/airport/planning/ownership_control_airports_overview.aspx
Railways: Most rail infrastructure is government-owned although there are also privately owned networks. Canadian Brookfield Infrastructure Partners own Brookfield Rail, an extensive rail freight network in WA. Brookfield and Australian freight logistics company Asciano which owns Pacific National rail are currently engaged in a complex takeover. http://goo.gl/PSgrsu
Infrastructure sold/leased to other foreign entities or to be sold/leased
PORT OF FREMANTLE, WA: Will be offered for long-term lease of up to 99 years late in 2016 by the WA State Government. WA’s largest container and general cargo port. http://goo.gl/kKMsUH
PORT OF BRISBANE, QLD: Qld government sold a 99-year lease in 2010 to a consortium (QPH) which includes minority stakes by a Canadian pension fund and an Abu Dhabi state-owned investment fund. https://www.portbris.com.au/about-us/about-us/our-shareholders
PORT OF MELBOURNE, VIC: Will be leased from the Victorian Government for 50 years in 2017. http://goo.gl/qveqXh
ABBOT POINT COAL TERMINAL, near BOWEN, QLD: Indian Adani Group acquired a 99-year lease in 2011 from the Qld State Government to export coal to India from his federally approved $166 billion Carmichael Mine. The project has met with stiff opposition because of the coal terminal’s close proximity to the Great Barrier Reef (19km). Adani has applied to expand the coal terminal which could harm the reef even further by dredging. Although the coal terminal expansion has federal approval the Queensland State Premier has told Adani to find his own funding. http://goo.gl/G4DISy
ASCIANO PORTS (previously PATRICK PORTS): Large container terminals at the Port of Brisbane, Port Botany, Port Melbourne and North Fremantle. Asciano is in the process of a complex protracted takeover. The initial bidders included a Canadian pension fund and a Chinese sovereign wealth fund, China Investment Corporation (CIC). CIC has declared a 19.99% interest in the takeover. Asciano will probably be broken up into port assets and rail assets. http://goo.gl/jZHJFJ
TRANSGRID, NSW: Nov 2015. The NSW government sold a 99-year lease of the TransGrid electricity poles and wires to a consortium which includes a Canadian pension fund CDPQ (24.99%) and infrastructure investment funds owned by the Abu Dhabi and Kuwaiti governments, each with a 19.99% stake. The Australian fund managers are Hastings (20.02%) and Spark Infrastructure (15.01%). The Chinese state-owned State Grid Corporation of China was approved by the FIRB despite intimate links to the Chinese military and intelligence, but was ultimately unsuccessful in the $10 billion bid for TransGrid.http://goo.gl/LvjmkX
SA POWER NETWORKS, SA: Owned by Hong Kong billionaire Li Ka-Shing (Cheung Kong Infrastructure). SA’s sole electricity distributor. The company has been accused of making “super profits” from SA customers. In 2015 South Australia Power Networks unfairly sought to target solar homeowners by imposing a $100 per year charge on them but this new tax was rejected by the Australian Energy Regulator and then by the Federal Court. http://goo.gl/N9fciN https://goo.gl/ZXUUVw http://goo.gl/pXlBHv
CITIPOWER and POWERCOR, VIC: Power network distributors. Both are majority-owned by Hong Kong company Cheung Kong Group. Were accused of fraudulently charging Victorian solar customers more than $300 for an unnecessary “anti-islanding” safety check. Described by Matthew Wright and Tristan Edis as a “free-riding vampire”, Business Spectator, The Australian, June 2, 2015. http://goo.gl/NJGyJy
ENERGYAUSTRALIA, VIC, NSW: Owned by Hong Kong-based CLP Group that generates electricity and natural gas to more than 2.8 million customers throughout Australia. Also retails electricity and natural gas. Has a portfolio of generating sites using thermal coal, natural gas, hydroelectric, solar energy, and wind power. https://en.wikipedia.org/wiki/EnergyAustralia
NATIONAL GRID AUSTRALIA PTY LTD (formerly BASSLINK): A submarine cable linking the Loy Yang Power Station, Vic to the George Town substation, northern Tasmania. Owned by Temasek, a large investment company/sovereign wealth fund owned by the Government of Singapore. http://www.temasek.com.sg/abouttemase http://www.basslink.com.au/
Foreign Investment: Foreign companies or entities put capital into our assets which helps them grow. There are strictly controlled guidelines to benefit Australia.
Foreign Ownership: Australia loses control over the asset. Profits will only benefit the foreign owners, who may minimise tax here. Fewer jobs for Australians. Some foreign ownership could pose a security threat if not in the national interest.
Please carefully research the political party and Independent of your choice to make sure they have Australia’s future interests as their priority.
Labor’s Penny Wong says she will weaken the FIRB rules to make it EASIER for foreigners to buy our farms.
Researched and produced by the Stop Foreign Ownership in Australia FB Team
We are not affiliated with any Political Organisations.
Resource and citation list
Manufacturing http://goo.gl/RnHDrR http://goo.gl/HM5jFz http://goo.gl/bAeOeN http://goo.gl/iy74EW http://goo.gl/p5AdV1 http://goo.gl/vt7A8r https://goo.gl/UQ2mBS http://goo.gl/1MFGKs https://goo.gl/Opli8R https://goo.gl/7Kx02Z https://goo.gl/n31Bvm http://goo.gl/cQ8OJD http://goo.gl/mocwl0 http://goo.gl/PBpMuw http://goo.gl/eOJfqL http://goo.gl/L12M4y
Agricultural http://goo.gl/lj6d89 http://goo.gl/15wkk1 Visa http://goo.gl/POYezN http://goo.gl/nFd7SJ http://goo.gl/3gdsGc http://goo.gl/V2W6IU http://goo.gl/78NG05 https://goo.gl/IQmUYB http://goo.gl/wyVxn7
Stop Selling Australia Off Pamphlet
Please download, print and distribute to your friends, family and community members to educate what is going on in our country.
Download our PDF pamphlet here: Stop Foreign Ownership Pamphlet
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2. Choose shrink to fit page
3. Choose print on both sides
4. Click flip on short side
Email and Share our website link to all your friends and contacts, show them the extent of the sell off of Australia land and assets. Stop Foreign Ownership Pamphlet https://stopforeignownershipinaustralia.com.au/2016/06/15/stop-selling-australia-off-pamphlet/
Sign our Stop Foreign Ownership Petition Stop Foreign Ownership Petition