Darwin Port owner Landbridge seeks $500m loan from China

Nick McKenzie and Richard Baker

Jun 7, 2017 – 7.00pm

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The Chinese owner of the Port of Darwin is using the port as security to seek a $500 million loan from the Chinese government's trade bank.

Private Chinese company Landbridge is seeking the loan from the Chinese government's Export-Import Bank (EXIM) to prop up the firm's ailing Australian operations, which include an $880,000 yearly consulting fee to former trade minister Andrew Robb.

Nick McKenzie is an Age investigative journalist who has three times been named the Graham Perkin Australian Journalist of the Year. A winner of 20 Walkley Awards, including the Gold Walkley, he investigates politics, business, foreign affairs and criminal justice.

Richard Baker is a former multi-award winning investigative reporter for The Age.