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Catch up on the latest news and insights from Atlas.
The Australian Financial Review names its Business Person of the Year
Gina Rinehart has capped an extraordinary year of deal-making across the mining, energy, agribusiness and retail sectors by being named The Australian Financial Review Business Person of the Year at a ceremony in Sydney on Thursday evening. The annual AFR Business Person of the Year list recognises Australia’s top leaders, builders, pioneers and stirrers – and Mrs Rinehart could meet all four criteria. Her Hancock Prospecting empire, which is the biggest private company in the country by some margin, delivered another record year of shipments from its Roy Hill iron ore mine, with robust iron ore prices driving profits to more than $5 billion. The company has a staggering $38 billion in assets on its balance sheet, propelling Mrs Rinehart to the top of The Australian Financial Review’s Rich List for the fourth straight year.
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Mrs Gina Rinehart AO Named AFR’s Business Person of the Year
Hancock Prospecting is celebrating tonight after Executive Chairman, Mrs Gina Rinehart AO, was named the Australian Financial Review’s Business Person of the Year at their event in Sydney. Under Mrs Rinehart’s leadership, Hancock Prospecting has been transformed from a company facing a parlous financial position in 1992, when she became Executive Chairman, to Australia’s most successful private company.
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Bannister Downs Dairy expands partnership with Foodbank WA to support people in food stress
Bannister Downs Dairy will expand their partnership with Foodbank WA to include fresh and flavoured milk to all branches across Western Australia.
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Designs finalised for the new Korean War Memorial Community Event Space
Roy Hill and long-term partner POSCO have provided $1 million in funding to the Perth Korean War Memorial Committee for the construction of the venue opposite the Korean War Memorial, in Kings Park.
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Farmers Wary of IR Bill
A nationwide overhaul of industrial relations laws has passed through the House of Representatives, angering farmers who had urged Federal Labor to take the "catastrophic" legislation back to the drawing board.
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A world first for Atlas Iron’s Pilbara operations
Hancock Prospecting company Atlas Iron is leading the way in creating safer, healthier, and more satisfying work environments for miners.
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Projects regulated to death
As the minister overseeing the process, he has been unable to effect any real change in seven years, so there’s little confidence that change will happen quickly. According to the CCIWA, there are about $381 billion of investment projects in the pipeline that are yet to receive environmental approval that could create an estimated 106,000 jobs. Of those the CCIWA surveyed, 40 per cent were at risk of abandoning their project due to longer-than expected approval times. As outlined in the WA CCI’s Green Web report, businesses have described working with the State Environmental Protection Authority as “laborious and frustrating” with “ever-changing guidelines and shifting goal posts”. Currently, the normal expectation for a mine to come online is eight to 10 years, double traditional expectations of four to five years.
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Miners dig in on ‘divisive’ IR deal
Labor’s industrial relations deal with resource sector employers has split the mining industry, with Gina Rinehart’s Hancock Prospecting opposing the agreement and the Minerals Council of Australia accusing a rival employer body of being a “soft target”. As the Senate crossbench renewed its bid to split the bill this year, employer groups representing big and small business criticised the Australian Resources and Energy Employer Association over the deal to exclude ¬service contractors from the industrial relations bill. Hancock Prospecting’s Roy Hill mining operation, which is a member of both AREEA and the Minerals Council of Australia, wrote to AREEA chief executive Steve Knott on Wednesday to express concern about the deal.
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Gina’s Christmas wish
Australia’s richest person has called on the federal government to give the nation a “Christmas bonus” in the form of a petrol excise tax cut to deal with spiralling costs, as “woke agendas” threaten Aussie living standards. “Every few dollars counts for people in tough times,” Mrs Rinehart told The Daily Telegraph. “With the stroke of a pen, the government could deliver minor short-term relief to millions by cutting the petrol tax for households.
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Gina’s call for xmas fuel relief
Australians should receive a “much-needed” Christmas bonus from the Federal Government, in the form of another fuel excise cut for December, mining billionaire Gina Rinehart believes. Speaking out after hearing about the impact of cost-of-living rises from West Australians at the National Agriculture and Related Industries Day, Mrs Rinehart said halving the 44.2¢ a litre excise would provide relief. Former prime minister Scott Morrison’s government halved the fuel excise to 22.1¢ a litre in March last year, offering six months of cost-of-living relief to drivers.
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Gina’s xmas wish for nation
Australia's richest woman has called on the government to give the nation a "Christmas bonus" in the form of a petrol tax excise cut at a time when people are struggling to deal with spiralling costs and said the "woke" agenda threatened living standards. "Every few dollars counts for people in tough times," Mrs Rinehart told The Advertiser in an exclusive interview.
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‘Woke minorities’ – Gina Rinehart drops some truth bombs
Australia’s richest person, Gina Rinehart, has earned some high praise after making some big calls on what the government can do to help Aussies out with the rising cost of living and dealing with noisy public activism.
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Send miners to parliament and students to work, Gina Rinehart says
Australia’s richest person Gina Rinehart has called on the mining sector to push its own workers and advocates into parliament, so they can tear up environmental regulation she warns is jeopardising the industry’s ability to maintain its current levels of production. In a speech to mining executives and Liberal leader Peter Dutton at her Roy Hill mine on Wednesday, Mrs Rinehart took aim at Prime Minister Anthony Albanese for taking overseas trips to spruik trade while his government was handcuffing local industry.
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Billionaire Gina Rinehart issues a chilling warning to Australia in a bold address: ‘My blood boils over on this one’
Gina Rinehart has issued a grim warning that Aussies face huge price hikes and fresh food shortages unless the burden of climate change policies are lifted from farmers. During an address in Bali on Tuesday, the mining magnate made the ominous forecast to mark National Agriculture & Related Industries Day, of which Mrs Rinehart is the founding patron. Australia's richest person, who owns millions of farming hectares, said governments need to cap what agriculturalists spend on achieving net zero greenhouse gas emissions to $200,000 - or the entire nation faces dire consequences.
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Gina Rinehart calls for petrol tax ‘Christmas bonus’ to get country moving again
Fuel excise cut "could happen from the first of December and then, if you must, put it back to usual after Christmas, the longer after Christmas, the better," Australia’s richest woman says.Australia’s richest woman has called on the government to give the nation a "Christmas bonus" in the form of a petrol tax excise cut at a time when people are struggling to deal with spiralling costs and said the "woke" agenda threatened living standards. "Every few dollars counts for people in tough times," Mrs Rinehart told this masthead in an exclusive interview. "With the stroke of a pen, the government could deliver minor short-term relief to millions by cutting the petrol tax for households.""It could happen from the first of December and then, if you must, put it back to usual after Christmas, the longer after Christmas, the better."
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Gina Rinehart: Govt strangling of Australia’s world-leading mining, agriculture industries is creating a ‘nightmare’ scenario for our children
And, as has been reported widely, changing IR policy which will make it more difficult for agriculture, mining and many businesses to create the revenue our hugely in debt country needs. If this scenario is not changed, our youth should understand we are creating a nightmare for them - that they will be struggling with high taxes for the rest of their lives. Many will need to forget about the Aussie dream of owning their own home, as they won’t be able to afford such an investment after meeting government tax burdens. Even in schools, governments have been content to not educate children and grandchildren well. In the current high school national curriculum, which mandates what every school child in Australia is taught, iron ore is referenced only twice. Yet climate change and renewable energy are mentioned 48 times. Mining, coal, and iron ore do not receive even one mention in the entire high school economics and business curriculum!
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Don’t forget how we got so lucky
Mrs Rinehart said governments "seem to forget" that "modern resources and agricultural industries underpin human flourishing", while reigniting her push for the Federal Government to mark two days in November as national days for the two sectors. "For all the platitudes we hear about supporting the agricultural and resources sectors, their actions show the opposite," she said of governments. "Platitudes and press releases don’t lift a single tonne of any mineral out of the ground." Mrs Rinehart said the growing burden of red tape - including looming "huge increases" to the Environment Protection and Biodiversity Conservation Act — and increasing regulation around net zero emissions, were evidence that government actions defied their supposed support for the sector.
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