France Establishes South Australian Colony?

What if another European power were to establish a colony in South Australia prior to the UK's initial effort in the 1830's? It seems that the French would be most likely, though there would probably need to be some negotiation given any settlement's proximity to the other Australian colonies.

Let's say that for some reason the British efforts in the early 1830's are delayed, and a French mission lands in 1833 (the first British settlement appears to have been in 1836). We have an era of difficulty, as a few British explorers come into contact with the French missionaries, and then in 1843 South Australia (or perhaps Terre Napoleon, as it was named by French explorers in 1802) is confirmed as French in exchange for assurances regarding New Caledonia, which eventually becomes British.

How does French (South) Australia develop now?
 
Not going to happen. Britain had claimed all of Australia since 1788 had 1815-1840 is the height of Britains relative power. There is no way they are going to let the French intrude on "their" territory. Any attempt would have ended with a couple of RN frigates anchoring offshore and telling the French settlers to get lost or else.
 
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