PolicyForeign Affairs & SecurityChina relationsPrint articleOpinionWhy Australia needs to stop being PNG’s payday lenderIt might seem a good, neighbourly thing to do. But loans can be damaging as poorly tied aid. The alternative is subsidising direct Australian business investment.Carolyn BlacklockCommentatorJun 21, 2024 – 11.44amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginProxy wars used to be fought with guns and bombs. These days the weapons of choice are trade, aid, influence and photo ops.As Australia’s Foreign Minister Penny Wong and Defence Minister Richard Marles descended on Papua New Guinea this week, these gifts were prominent, more so as the departure lounge curtains were still rustling from the upbeat state visit of China’s Premier Li Qiang to Australia.Loading...Carolyn Blacklock is former managing director of PNG Power Ltd and former resident representative for the World Bank Group in PNG.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreChina relationsOpinionPapua New GuineaForeign aidLatest In Foreign affairs & securityFetching latest articlesMost Viewed In PolicyThe Australian Financial Review Magazine‘We don’t want to die wondering’: Jo Horgan on Mecca’s biggest bet yetLauren SamsThis Brisbane restaurant deserves a Michelin starHow Ozempic and other GLP-1s are transforming much more than just waistlinesBOSS Financial ReviewCan you take an extended career break and not hurt your career?47 mins agoHannah TattersallGen Z doesn’t do water cooler chat. Here’s what bosses should doHow skateboarding helps this director switch offLife & LeisureGo retro with a new Steve McQueen watch and Van Cleef’s rarest jewelsEugenie KellyHow to lift your way to a longer lifeStolen shoes and dancing at breakfast – is this the ultimate wedding?Rich ListApartment prices in record jump to $19,000 per square metreMichael BlebyCettire recruits Accent shoe chief Daniel Agostinelli to its boardWealthy silk Allan Myers puts Western District run on the market
