Coal is seen at the Port of Newcastle in New South Wales, Australia. Photo: Bloomberg
China-Australia relations: Port of Newcastle becomes second Australian port with Chinese interests to come under political fire
- A total of 14 Australian politicians want Canberra to declare Port of Newcastle a monopoly under National Access Regime law
- But figures show Port of Newcastle charges levied on coal-transporting vessels comprise less than 1 per cent of total cost to importers, and independent findings say it is not a monopoly
Coal is seen at the Port of Newcastle in New South Wales, Australia. Photo: Bloomberg