A top security expert is demanding the government investigates the dangers of a Chinese company trying to buy up important Australian energy infrastructure.
Peter Jennings, who has raised the alarm about other Chinese buy-ups in Australia, said the federal government needs to look at the deal to buy the Dampier-to-Bunbury natural gas pipeline and gas and electricity networks in Victoria owned by Duet Group.
Cheung Kong Infrastructure, run by Hong Kong billionaire Li Ka-shing wants to buy Duet Group for $7.4billion.
Jennings said the government needs to examine the deal because of security worries about the sale of Australian assets to Chinese firms.
He was the first person to raise security concerns about the sale of the Port of Darwin to Chinese company Landbridge.
Last year Treasurer Scott Morrison blocked Cheung Kong Infrastructure and State Grid Corp of China from bidding for Ausgrid because of “security” concerns.
“In this new world, (the federal government) should just have a forensic look (at the deal),” Mr Jennings said.
He added: “We now have a more assertive, nationalistic government in China that is less concerned with a peaceful rise and more interested in flexing its muscle in the region.”
Chinese companies are already trying to takeover Newcastle Port and some of Australia’s most important water assets.
It is vital that the Treasurer does more to investigate these takeovers. Click here to send an email to the Treasurer.