Robb, Carr cut Chinese dough and run

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Via Domain comes another signal of a step change in the milieu of Australia/China relations:

Former trade minister Andrew Robb has quietly ceased his controversial $880,000 per annum consultancy with a company closely linked to the Chinese government, as the deadline looms for lobbyists for overseas state interests to sign up to Australia’s new foreign influence register.

Mr Robb’s consultancy with the leaseholder of the Darwin Port, Landbridge, was trumpeted by the Chinese-government aligned company in 2016, but became intensely controversial when an investigation by The Age, The Sydney Morning Herald and Four Corners revealed his fee, and that he had joined the company straight after quitting parliament.

It’s estimated that Mr Robb pocketed more than $2 million plus expenses from Landbridge. A company document revealed that Mr Robb’s consulting contract was so vague and ill-defined he would be paid even if he did nothing.

John Brumby recently departed the Huawei board and Bob Carr has stepped down as well.

Turn on the light and watch the roaches scatter!

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.