At AIM we oppose ANY takeover of any part of Australia. Enough is quite enough These lot have been buying farms wholesale, speculating on residential properties forcing prices through the roof. This has to stop.
Chinese to take over the Tip of Cape York
The bloodless coup by communist China taking over Darwin Port seems set to continue as Chinese nationals move onto the Tip of Cape York Peninsula.
On a second visit to the Tip this week Chinese interests were shown the ruins of Pajinka Resort, nestled on about 700 acres of mostly undeveloped land , by members of the Aboriginal and Torres Strait Islander Wymarra tribe.
Local Aboriginal elders and genuine traditional owners for the area are aghast China could buy the three Perpetual Leases should the Department of Natural Resources allow the local government authority which holds the title in trust to be transferred.
A local Islander identity assisting the delegation, has applied to have the Northern Peninsula Area Regional Council transfer the lease into his name, which, according to local Aborigines, would allow it to be on-sold to Chinese interests.
A lease in perpetuity has no expiry date which means it can be held indefinitely.
The potential Chinese buyers have been reported taking photographs of the entire area including the rugged northern coastline sparking great security concerns.
It is believed state and federal authorities too are concerned about the Chinese delegation getting their hands on such a valuable and strategic site.
The Wymarra delegation has been proposing a new resort complete with a Greg Norman-designed golf course within sight of the iconic Tip.