US-China deal threatens Australian beef and gas

A trade deal between the US and China announced on Friday will help ease diplomatic tension between the two superpowers but it could pose some problems for Australian gas and beef exporters. The White House announced a 10-point agreement on Friday which will allow the US to start exporting LNG and beef to China and…

Murray Goulburn hit by China customs crackdown 

Back in 2016 – While China starts to limit products that are brought into China from Australia, our government continues on unabated at selling Australia off to the Chinese.  The FTA allows imports from China freely into our market… But we are limited on what we can export to their country ? Who signed the…

Foreign investment jumps 29 per cent to $248 billion last year

Victoria has emerged as the focus for overseas buyers of Australian homes, attracting 44 per cent of residential purchases by foreign investors last financial year. NSW, with 32 per cent of residential home purchases, was the second most popular state for an inflow of foreign property investment, according to the Foreign Investment Review Board’s 2015-16…

Chinese bank ‘Australian training money’ used as genuine $100 notes in Darwin

Fake Australian $100 notes supposed to be used to train Chinese bank tellers have made their way to Darwin where people are using them illegally. Northern Territory Police have warned people to look for the notes, which are marked with Chinese characters that reportedly translate as “Training Money. SAMPLE. Only for practice. Circulation Forbidden”. The…

ASIO’s new neighbours’ links to Chinese government

Chinese billionaire Liang Guangwei, the head of a state-backed technology conglomerate with high-level political connections, has been linked to the $64 million purchase of land next door to the new headquarters of Australia’s domestic spy agency.Mr Liang, a former People’s Liberation Army soldier who has hosted Chinese leaders including former president and premier Hu Jintao…

ATO chases millionaire Sir Yii Ann Hii over tax debt

THE Australian Taxation Office has been thwarted in its bid to claw back a tax debt owed by former high flying Brisbane businessman Sir Yii Ann Hii. In the past year, the amount owed by Sir Yii has ballooned from $64 million to $69 million, with interest currently accruing at $13,157 a day. Fiona Biltris,…

‘That’s business’: $2b missile contract awarded without compete 

Some of the world’s largest defence companies have expressed disappointment at Australia’s decision to award a lucrative multi-billion-dollar missile contract without a full competitive evaluation process. Defence Industry Minister Christopher Pyne has confirmed Raytheon Australia will be commissioned to develop its National Advanced Surface to Air Missile System (NASAMS) for the Australian Defence Force —…

Fonterra faces potential bill of $64m to Aussie farmers

Fonterra could owe its Australian farmers $64 million because of a milk supply contract it signed in 2012. If it does not pay up voluntarily, a class action is waiting in the wings to force the issue in the courts. The dairy giant’s Australian chief executive Rene Dedoncker met directors of its farmer milk supplier…

‘Disgusting’ and ‘extraordinary’ scenes Chinese delegation shouts down welcome ceremony

Participants at an intergovernmental meeting hosted by Australian foreign minister Julie Bishop in Perth have described “disgusting” and “extraordinary” scenes as the Chinese government delegation shouted over the welcome to country ceremony and forced the suspension of proceedings.  A Taiwanese delegation was later ejected from the Kimberley Process meeting at the behest of the Chinese…

Parents fears over Chinese Confucius program in schools 

PARENTS have raised serious concerns about a program, devised and funded by the Chinese regime, being offered at some north shore public schools. “It’s basically a Chinese regime-run institution on an Australian campus, which concerns me for a few different reasons. “Confucius classrooms are not run by Australian schools, they are run by the Chinese…

All Chinese honey was ordered off UK shelves in 2002 

In 2002 Food watchdogs ordered all Chinese-produced honey to be withdrawn from sale after trials found that much of it is contaminated by antibiotics.Forty per cent of the honey sold in the UK comes from China. Tests of 16 pots found that ten contained the powerful antibiotic chloramphenicol. The chemical is a trigger for aplastic…