It is highly unlikely that PNG will be taken over by Australia due to its debts. While Australia is a major trading partner and provides aid to PNG, there are no indications that Australia has any plans to take over the country. PNG is a sovereign nation with its own government and institutions, and any decisions regarding its debt and financial situation would be made by the PNG government. Additionally, international organizations such as the International Monetary Fund and the World Bank provide support and assistance to countries facing financial difficulties, and may work with PNG to address its debt issues.
