Super funds have led the trend to invest in infrastructure.
Australian superannuation funds are joining the trend to invest in infrastructure because it’s safer for industry members.
China may be undertaking more cyber attacks than the Australian government has admitted.
It’s no surprise that China represents a cyber threat to Australia. But the government has been reluctant to state this fact and needs to respond more decisively.
Scott Morrison cited national security concerns in knocking back a bid by Chinese companies for a share of Ausgrid.
Scott Morrison has formally ruled out Chinese companies obtaining a 50.4% share of Ausgrid.
China’s State Grid Corporation was hoping to add a majority stake in Ausgrid to its growing global network.
Energy markets are increasingly global, with growing security issues. Disengaging is not the answer.
There is a risk of cyber attack from China on Australian assets like Ausgrid.
There is a real threat from Chinese ownership of electricity networks such as Ausgrid. The Treasurer needs to be more frank about these threats.
Poor Scott Morrison. Public policy storms don’t get more perfect than this. Nor are they generally quite as revealing of the increasingly complex environment in which policies are made these days. The…
The bids from two Chinese firms for the lease of NSW electricity network Ausgrid have been rejected by the Australian Treasurer.
The Chinese government is changing its role in state-owned enterprises and there’s less cause for concern about the investment bids of these firms in Australia.
Treasurer Scott Morrison blocked the sale of the Ausgrid lease on national security grounds.
Scott Morrison has rejected Chinese bids for the 99-year lease of 50.4% of Ausgrid, the NSW electricity distribution system, for security reasons.
Ausgrid is not the first time a Chinese company has been interested in Australia’s energy.
Australia has a long history of assests owned by Chinese companies like State Grid, which is in the running for Ausgrid, so there’s no cause for security concerns.