
There is growing concerns foreign ownership of vital assets in Australia could put national security at risk, after a $13 billion bid by Hong Kong’s Cheung Kong Infrastructure (CKI) for Australia’s east coast gas pipeline network has been cleared by the competition watchdog.
The move is the latest example in an ongoing series of major changes to Australia’s gas and electricity sector over the last decade, which has seen assets privatised and the majority of ownership transferred to foreign corporations.
THE CKI MACHINE IS BACK
The Mick McCormack-led APA Group, transporter of more than half the gas used across the country, has lured one of Asia’s richest family controlled firms into what would be its largest ever acquisition.
The Australian Competition and Consumer Commission (ACCC) has made the decision to approve a $13 billion sale of gas pipeline infrastructure owner APA Group to CKI this week, and is now waiting for Foreign Investment Review Board (FIRB) recommendation.
Subject to approval, the move will signify a turning point in Australian assets ownership, as CKI will now have the potential to control – with the 100% Chinese government-owned State Grid – nearly all of Australia’s east coast energy distribution assets as a result.
This includes significant shares in privatised state power distributors, such as EnergyAustralia, which is also owned by foreign Hong Kong-based company, CLP Group.

CKI and State Grid (which includes Singapore Power) now have a major ownership interest in all of Victoria’s electricity and distribution networks, and all gas transmission pipelines and distribution networks. They also hold a 51 per cent stake in South Australia’s electricity distributor.
The move will allow general consumer pipelines across Australia to also be in CKI’s control.
This includes the Murray Link interconnector, electricity distribution through Powercor, Citipower, United Energy and the Gasnet pipeline, plus distribution through Multinet and the Australian Gas Network.
The company is part of an empire founded by Li Ka-Shing, one of Hong Kong’s largest tycoons whose global interests span everything from property to telecommunications to ports and infrastructure.
The holding company for the conglomerate is one of Asia’s most outwardly-focused enterprises, with investments in more than 50 countries, making Ka-Shing one of the wealthiest men on Earth.
In 2016, the FIRB rejected CKI’s takeover bid for the electricity network Ausgrid, due to national security concerns.
Today, ‘experts’ have called the concerns “overblown” – with the Australian Financial Review stating “blocking CKI from buying Australian pipelines would be a win for Beijing” – citing gas assets don’t pose the same risk to national security as telecommunications and electricity assets.
This follows moves earlier this year to allow Alinta, a company owned by the Hong Kong-based Chow Tai Fook Enterprises, to buy AGL’s Liddell power station to stop its closure and ‘keep the lights on’.
The bid is also being scrutinised by the Critical Infrastructure Committee (CIC), an addendum to the FIRB that was formed in February on the back of contentious foreign investment decisions involving Chinese-owned or linked companies. This included the controversial leasing of the Port of Darwin to the Chinese-owned Landbridge Corporation.
POWER GENERATION IN AUSTRALIA

There are four parts that make up the electricity market in Australia: Generation, distribution, transmission and retail operations.
Of Australia’s eight states and territories, only three governments retain full ownership of all elements of their electricity networks: Western Australia; Tasmania; and the Northern Territory.
Queensland also owns the generation, distribution and transmission of electricity, but the retail market has been privatised.
The following is a state-by-state synopsis, excluding QLD, of the foreign entities involved in power generation, pending further expansion upon CKI approval of vital gas pipelines:
SOUTH AUSTRALIA
In South Australia, Cheung Kong Infrastructure and Power Assets owns a 51-per-cent share, on a 200-year lease, in SA Power Networks Electricity Distribution network.
The transmitter in that state, ElectraNet, is partly owned by State Grid Corporation — at 46.5 per cent, it holds the largest share.
NEW SOUTH WALES
There are three main electricity distributors in NSW: Essential Energy, Endeavour Energy and Ausgrid. The NSW Government wants to sell half of Ausgrid to fund infrastructure projects.
Last year, the NSW Government awarded a 99-year lease of electricity transmitter TransGrid to a consortium comprising Canadian, Middle Eastern and local investors. The deal was worth $10.258 billion.
VICTORIA
There are five electricity distributors in Victoria, with three partly owned by State Grid.
State Grid owns a 20-per-cent share in AusNet Services Electricity Distribution.
It also owns 60 per cent of Jemena, the company which owns Jemena Electricity Distribution Victoria and 34 per cent of United Energy Electricity Distribution Victoria.
Cheung Kong Infrastructure owns a 51-per-cent share in both CitiPower Electricity Distribution Network Victoria and Powercor Electricity Distribution Network Victoria.
The transmission link which transports renewable energy from the Mt Mercer wind farm to the Victorian grid — Transmission Operations (Australia) Pty Ltd Victoria — is partly owned by Cheung Kong Infrastructure at a 50-per-cent share.
AUSTRALIAN CAPITAL TERRITORY
In the ACT, the government owns 50 per cent of ActewAGL Distribution Ltd.
The other half is owned by Jemena, in which State Grid Corporate hold a 60 per cent share.
The remaining 40-per-cent share in Jemena is owned by Singapore Power International.
Former Army general and now Liberal senator Jim Molan told the Financial Review a significant number of his colleagues were concerned about the takeover bid on national security grounds. A foreign owner could cut off the gas supply at any time.
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I don’t think that people know just how dependent on electricity people in Australia are. We live in one of the most urbanized countries on earth and are becoming more so with increasing population. Our very existence in our massive cities depends a great deal on refrigerated and frozen products. We are placing our security and lives in the hands of foreign powers.
‘TRY’ buying these AUSTRALIAN ‘COMMON WEALTH’ Assets in China or Elsewhere! AND, the last time I looked ‘Buried’ in the Australian Constitution somewhere;
“NO Government of the day, shall SELL OFF A PART OR THE WHOLE THEREOF OF THE ‘COMMON WEALTH’ of AUSTRALIA.”
Which means in Plain English; IT’S NOT THE DODGY GOVERNMENTS OF AUSTRALIA TO PRIVATISE OR SELL! AND, NO Statutes of Limitations to said ILLEGAL sales!
Apparently, I, am suppose to ‘Trust’ these Gangsters! And, apparently address Minstrels & Co., as THE Honourable – LOL!
“GET YOUR TONGUE OUT OF MY ARSE GARY! YOU’VE GOT ALL OF THE CHARACTERISTICS OF A DOG GARY, EXCEPR ONE. LOYALTY! FEEED ‘EM TO THE PIGS HAROLD!” – Snatch the Movie.
Australian SLAVERY, Past, Present, Future, provided by THE Major AUSTRALIAN Political Parties FOR Foreign Interests ONLY!
COMMONWEALTH OF AUSTRALIA ( A U.S. CORPORATION – Say NO MORE) – SECURITIES AND EXCHANGE COMMISSION OF THE UNITED STATES OF AMERICA – CIK 0000805157
Wellness to the Salt of the Earth Folks, THE rest can see HAROLD!
‘Stretching’ into just passed Mid 2023 in the Western province of OREstralia, appaRENTly WE, The Peasants of Westopia are ‘Running out of Resources’- Energy, Water AND, EVERYTHING ELSE! The New LACK OF PSYCH OP!.
Take the case of Energy – Electrical Grid; with the Majority power Generation produced by Fossil Fuel ( Coal/ Gas – NOT counting the Pathetic Solar Swindle – Not working after Night shift takes over, & Looney Tunes Wind Something power – An ‘Engineering Embarrassment’ [ Hot Air/ Gas – Should just hook a regulator up to Parliament’s MassDebating chambers, for an Endless supply!]) Power Stations, WHERE are the New/ Replacement Stations to support The Existing ‘Load’, let alone Future ‘Demands’?? With the Population increases – ALREADY, which relate to ; THE Extensive New [ PLUS EXISTING]; Walled Urban Ghettos disguised as ‘Chic low maintenance family living’ Houses – Er – Dog Boxes on Postage stamp blocks/ PLUS; The Industry manufacturing Bases; PLUS; The Highway Networks (Including lighting & Digital signage / Radar tracking; PLUS; The Sporting Colosseums; PLUS; New hospital infrastructures ; PLUS; Foreshore/ Coastal developments;
PLUS; The COMPLETE introductions of the 5 G Systems – running parallel to & PLUS the 3 – 4 G With the Infrastructure ‘Upgrades’; PLUS all of the City ( Perth & others) Upgrades AND Cabling/ TOTAL INPUTS of Infrastructures THEREIN, PLUS The ‘E’ LithiUM plug into Wall Vehicles & Scooters Et Al ( Explosive batteries Inclusive for Entertainment!) = LOL BOLLOX!
WHERE’S THE ‘JUICE’ Coming from?? AND, ACTUALLY SUSTAIN/ OBTAIN – ABLE??
1 ONLY Solution [ Jabbing Not Inclusive, but SAME theory/ NONsense]; Take the Scenario, ‘Sponsored’ Politically ( & Taking into account, that our Previous ‘Saviour’ Under the Mysterious, NON Found as of yet CONvid-19 Mythical Beast of Beasts – OberGruppenFuhrer MyGooHand, has left his premiAir Orifice & Now CONveniently ’employed’ by a resource group that I think stands for BigHedgeProfits – with a plethora of political Future NonSensicals booby traps behind = TOSSER) – Um Sorry! –
Take the Scenario on Energy supply – OR, lack thereof – Regularly, WITH a SINenergeNic ‘outcome’;
Mr & Mrs John & Jan Doe, new [ or Old] to the Market as Middle Class peasants in Westopia. Pay their house deposit, PLUS pay their ‘Head works’ for THEIR ‘Place in the Grid System’. HAVE gone down the Full ELECTRIC ‘Star Rated’ new age Swindle OF ALL, on Home ApplyAnswers.
Later, after Part of the term of their natural life, Plus Costs Reaming by ÓZ ‘Suppliers & Sons’- PLUS Interest ; The Doe’s Occupied ‘Their’ House ( On Rent from the Bank PLUS ‘Gifted/ Mega Grifted RBA Interest rates’ TO SAME), go to use ‘Their’ PAID FOR place in the Electric Grid System, to be Told BY THE ‘Sponsored ‘ Grid Supplier – STOP! YOU, MAY BE USING – TOO MUCH Electrical Energy!! Just Turn off EVERYTHING – EXCEPT That Lovely ‘E ‘ Vehicle Charger!
John Doe to Spouse – She/ Her Identified as They Singular, Or just Jan; “I know Darlin’, we’ll bang a Solar system on the Roof! They’ve got a 360,000 PANEL Deep Fryer, Treeless Plain- Solar Farm out near MerriDian that’s putting out 100 Mega Whats [ YES = Many questions] – At least while the Suns IN Range! With this lovely Brochure I’ve acquired from the Orifice of Energy, WE can purChase ILLusive Savings , ON a FOOLY Imported System, that we Couldn’t make Locally, that Will cost us a AU$1,000 per KillerWhat, & Returns about 25% of it’s ‘Rated’ Electrical output. AND Look! Supplied by Bunnies ‘R’ us Energy Somethings! THEN, with ALL the KillerWhat hours that WE PUT BACK ONTO the SinOhGee Grid, WE, get AU 7 cents per unit, AND can REimport our OWN power BACK@ PLUS AU 17 – 18 Cents per unit KillerWhat ON TOP! – HOORAH!!”
MSM TV; ” Hello to John & Jan Doe! Via your New S.M.A.R.T InterACTive ApplyAnswers, we MSM ChatVidBot ‘Know’ that you’ve paid for ALL of the ‘Fees’ to be CON-NeckTed [ Noose Not Inclusive – Virtual= Together/ apart], BUT, even with ALL of your inputs, &, your Solar efforts, IT, IS, NOT Enough! Together we can stay CON-NeckTed!” – SpunsWord Ad.
Solutions time; Systems Supply upper Echelon ‘Think Tank’ & Politic Cabal Directives = KNOWING the Ship is Slowly/ Inevitably sinking because of YEARS of RePression POLICY, AND, ‘ReDirection’ of PAID Funds by THE Middle Class law abiding Does, TO, THE MAJOR Grid ‘OpeRATors’ in the Greater Westopia [ Normally, in ANY other SinArio THIS IS called ‘Fraud’], DO YOU, as THE MAJOR ‘Supplier of Energy’ – ‘UTILISE’ THE Multi Options;
A] PRE train YOUR Grid technicians to do ‘Rolling Blackouts’. B] Set up an Advertising Psych operation to ‘leverage’ the masses of ‘Responsible’ Orientated Doe’s, that it’s Somehow ‘Their ‘ Fault for lack of supply – AND, Including – ANY Negative ‘outcomes’. C] Somehow ‘attach’ The supply ‘Issues’ to ClimbApe Change & Lack of ‘Take – Up’ of ReNewAbles,- interActive with Agenda 21/ 2030 Parameters, AND CO2 AffirmaToons – OF Course!! Pre programMing. D] Sell it All by ‘OFFsetting Blame’ of Supply Outs by ‘Organising’ a False Flag on your OWN Systems, as a ‘Cyber Attack’, or a Foreign ‘Hack Job’, Ooh say inside the Next 2 – 3 Months – to start with. E] Power OFFs Exacerbate Health/ CONvid ‘Extensions’ & Food Retentions/ Health [ refrigeration], & Push up Pressures on CRITICAL Supplies – Everywhere on Grid.
OR – E.1.0] ALL of the Above?
WHY do they ALWAYS pick ‘E’ – 1.0?
DE Centralise & OFF grid. Rome IS as ALWAYS! = ROTTEN & UNsavable, IF you’re ‘Realistic.
In OZ, That’s WHY, they call it ‘LIVING THE DREAM’! Because You’ve GOT TO BE ASLEEP, TO BELIEVE IT! – Thanks George C! – As IF, that could EVER ‘Happen’! = OOPS! NAPLAN National results are just in! – Actually, it should, along with Other systems be renamed – NO PLAN National results!
Wellness as usual.