Tag: Gina
Rinehart’s climate change denialism is well known, and she is reportedly and unsurprisingly amongst those voices that argue that 99% of the Fitzroy River’s water is wasted because it flows into the Indian Ocean.
Meanwhile, at the time of writing, Australia was experiencing catastrophic fire conditions across the Eastern seaboard. According to the Bureau of Meteorology, the 11 November 2019 was the first day on record that no rain fell anywhere across the entire expanse of this vast continent. The north of Australia, like the rest of the country, is in the grip of drought.
via Water Barons: Gina Rinehart pitches cattle against sawfish – Michael West
As The Saturday Paper also discloses,
When you consider Tony Abbott ruled from the IPA’s 75 point song book then we are entitled to ask who runs Australia.(ODT)
The institute’s annual reports tell us its total revenues were $4.96 million in 2015–16 and $6.1 million in 2016-17. Thus Rinehart’s money, given through her company, Hancock Prospecting, made up almost half the IPA’s income in one year and well over a third in the other. She has, in effect, a controlling interest.
The problem here is that while most ‘think tanks’ in Australia will happily disclose their funding sources allowing us to determine intentional or unintentional bias, the IPA doesn’t. It does however contribute staff to provide opinions on television programs and in the media. And a lot of their ‘talent’, including recently failed Liberal Party candidate for Mayo Georgina Downer and current Liberal Party member for Goldstein Tim Wilson, go into politics trying to drag the ‘liberal’ party further to the conservative end of the spectrum.
They too are entitled to their opinions — but it’s a concern when the funding behind their policy position remains hidden.
But on Friday, Palaszczuk confirmed she would not object to Aurizon’s alternative railway line proposal, even though it is designed to serve Adani’s Carmichael mine as well.
Once developed, the three GVK Hancock holdings alone are expected to produce 90 million tonnes of coal a year for export.
Another major holder is Waratah Coal, which is owned by Queensland magnate and former federal MP Clive Palmer.
But none of the coal deposits can be developed without a means of transporting their product to the coast for export. So a railway line is crucial.
via Gina Rinehart and the Galilee | The Saturday Paper
Bill Gates tops Forbes’ billionaires list again, President Donald Trump slips 220 spots and Gina Rinehart has the best year of all female billionaires listed.
Mining magnate Gina Rinehart says she is heartbroken, but holds out hope of one day mending the broken relationship with her trust fund.
“She knows it will take time; there’s no quick fix,” a friend of Ms Rinehart said. “But the relationship between a mining magnate and her trust fund is special, it’s sacred. So I’m confident that with time, patience and lots and lots of litigation the two can be brought back together”.
Ms Rinehart held back tears as she tried to come to terms with where it all went wrong. “I remember when it was so small – just a billion dollars or so.
“It’s grown so much; so much. And somehow I let it drift away. I only hope we can get back to that intimate, beautiful time we had when it would cuddle up next to me at night and do whatever I said”.
olddogthoughts 