Labor plans joint ventures with China in Australia’s north

Labor could enter jointly funded infrastructure ventures with the Chinese government in Australia’s north under Beijing’s Belt and Road initiative, all as part of an escalated embrace of Asia, should it win the next election. Shadow treasurer Chris Bowen will today propose coordinating the $5 billion Northern Australia Infrastructure Fund with the Belt and Road…

Rise of imported seafood as commercial fishermen squeezed out

THE Central Coast has a wealth of wonderful waterways. And latest catch data shows local fish stocks are on par with a decade ago but most of the seafood on offer is imported. Amid the rush for seafood ahead of Good Friday, a traditional meat-free day, the Express Advocate can reveal­ the majority of fish…

China rejects Murray Goulburn milk, formula

Beleaguered dairy processor Murray Goulburn is blaming administrative errors for the rejection of shipments of its milk and infant formula in China last year, dismissing suggestions it was being punished for bypassing Chinese bidders in favour of a $1.3 billion takeover offer by Canadian giant Saputo. Murray Goulburn confirmed the incidents, which saw as much…

Pineapple go to waste farmers warn of shortage

North Queensland farmers are being forced to leave hundreds of tonnes of pineapples to rot due to a glut of the fruit. Ideal growing conditions across Queensland have led to a bumper season, forcing down the amount of money paid to farmers for their crop. In many cases, it’s not enough to cover the cost…

China eyes new Sydney airport as part of ‘belt and road’ plan

China is eyeing Sydney’s new airport as a potential project that could be linked to its trillion dollar “One Belt, One Road” infrastructure plan, according to a government-linked think tank. The interest in Sydney infrastructure follows Canberra’s decision to keep its $5 billion Northern Australia development plan separate from OBOR, despite a push from Beijing…

US state of Pennsylvania spruiks power to entice Aussie firms

The state of Pennsylvania has sought to poach Australian companies with a promise of “abundant’’ energy, sparking renewed warnings from Australian business leaders that the nation risks losing jobs to offshore rivals unless it tackles its energy problems. A high-powered delegation from the Pennsylvanian government, headed by Dennis Davin, the state’s Secretary for Community and…

Aviation outrage over Chinese ownership of Merredin airport

Merredin airport in Western Australia is effectively under the control of a Chinese government enterprise, prompting outrage in aviation circles, as safety concerns shut down its pilot training school. The airport’s runways, control tower, hangars and all of its assets are 50 per cent owned, and may soon be fully owned, by China’s biggest airline,…

Bindaree Beef wins $30 million court case against Chinese customer

Bindaree Beef’s Chinese government-owned partner in an export deal gone bad has been lashed as “lacking any commercial moral compass” and ordered to pay the Australian company more than $30 million in compensation. The deal between Bindaree and Chinatex, a Chinese state-owned corporation, was sealed in mid-2015 and was supposed to have seen Bindaree kill…

China will finance Adani mine, insiders say, but it will cost Australian jobs

The Adani Group is close to securing finance for its controversial coal mine and railway project in outback Queensland, with an announcement expected in coming weeks that Chinese state-owned enterprises, banks, and export credit agencies are backing the venture. Australian taxpayers may be let off the hook under the deal, which could mean Adani no…